Industry News

Taiwan becomes main stainless steel buyer of Indonesia

Views : 283
Update time : 2021-05-22 10:12:28
According to the Chinese government policy, the export tax rebate from China of certain steel products has been canceled from May 1st, which almost cover all kind of stainless steel products.

Affected by that, most of the stainless steel manufacturers turn to place orders from Indonesia, including Taiwan.

Moreover, the domestic increasing price of stainless steel scrap in Indonesia further stimulated Taiwanese stainless steelmakers to place more orders than before.
Related News
Read More >>
Taiwan's coated steel demand falls short of expectations after typhoon reconstruction Taiwan's coated steel demand falls short of expectations after typhoon reconstruction
Sep .19.2025
Taiwan's coated steel demand falls short of expectations after typhoon reconstruction
Global primary aluminum market has short supply of 119,900 tons in Jul Global primary aluminum market has short supply of 119,900 tons in Jul
Sep .19.2025
Global primary aluminum market has short supply of 119,900 tons in Jul
China's aluminum-related production statistics in Aug China's aluminum-related production statistics in Aug
Sep .19.2025
China's aluminum-related production statistics in Aug
Saudi Arabia accelerates major water transmission projects, raising pipe and long steel demand Saudi Arabia accelerates major water transmission projects, raising pipe and long steel demand
Sep .19.2025
Saudi Arabia accelerates major water transmission projects, raising pipe and long steel demand