DUBLIN, Nov 12, 2010 (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/research/6425cf/taiwan_metals_repo) has announced the addition of the "Taiwan Metals Report Q4 2010" report to their offering.
Business Monitor International's Taiwan Metals Report provides industry professionals and strategists, corporate analysts, metals associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Taiwan's metals industry.
While the Taiwanese steel industry will report strong growth in 2010 due in large part to low base effects, as well as a rebound in domestic and external demand, 2011 will present new challenges with an expected Chinese slowdown undermining sales, according to BMIs latest Taiwan Metals Report. In the first seven months of 2010, Taiwan's crude steel output rose 34.5% y-o-y to 11mn tonnes. Unlike other steel producing countries in the region monthly output did not drop off after May, although the industry is still running at 20% below full capacity. Crude production has been shored up by the restart of CSCs No.1 blast furnace in June, which has 1.9mn tpa production capacity and was closed for maintenance in January. Taiwan Tung Ho Steel was also expected to commission its new Taoyuan plant in Q210, leading to an increase in its billet production output from 1.7mn to 2.1mn tpa. Some local rebar producers have voiced their concerns that the plant will create a situation of over-supply at a time when scrap supply will become tight and feedstock for EAFs will become more expensive.
Key Topics Covered: Executive Summary SWOT Analysis Global Overview Commodities Forecast Forecast Scenario Company Profiles Global Assumptions Methodology Country Snapshot: Taiwan Demographic Data Companies Mentioned: China Steel Corporation Chung Hung Steel For more information visit http://www.researchandmarkets.com/research/6425cf/taiwan_metals_repo SOURCE: Research and Markets CONTACT: Research and Markets Laura Wood, Senior Manager, email@example.com U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Copyright Business Wire 2010 -0- KEYWORD: United States
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