|
Iron and Steel Basic Industries
|
US$
300 |
|
May-2025 |
Doc #42218 |
|
| Printed Page Length :
21
pages |
| Number of Tables :
3 |
| Number of Figures:
2 |
|
Market Overview
|
|
The sustained uncertainty surrounding U.S. tariff policy continues to weigh on the production confidence of Taiwan’s manufacturing sector. In response, major economies such as China and the European Union have implemented retaliatory tariffs, further escalating global trade tensions and deepening trade barriers. These developments are expected to negatively affect export orders and suppress production demand across downstream manufacturing industries. Domestically, additional challenges—such as speculative activity in the real estate market and persistent labor shortages—are likely to constrain housing construction activity, thereby weakening steel consumption in both domestic and international markets. As a result, it is projected that the sales value of Taiwan’s iron and steel industry will decline by approximately 4.25% in 2025 compared with 2024. Overall, the outlook for the basic iron and steel sector is expected to become increasingly conservative.
|
|
|
|