Taiwan Fastener Exports Hit Record High in 2011 Due to Redirected EU Orders | Fastener World Inc.

Article by · 2012/03/14 ·

2012-03-08 Class:Fastener

Though Taiwan fastener exports strength in the second half of 2011 weakened, its 2011 full year export volume and value both hit record high. The main reason of the growth is due to the fact that China’s fastener exports to Europe are blocked by the EU’s anti-dumping duty measure ruled against China, and the European fastener orders are substantially redirected to Taiwan. Thus, Taiwan’s 2011 full year fastener (including the iron nail) exports amounted to 1.422 million tons, outpaced the previous record of 1.41 million tons in 2004 and up 11.14% over 2010 as a growth for the second consecutive year. The export value reached

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