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Taiwan's fundamental metal output up 7.74 percent in May from April

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Taiwan's industrial manufacturing index in May this year increased by 2.81 percent compared to April as well as by 4.48 percent year on year, according to the nation's Ministry of Economic Matters (MOEA). On the other hand, Taiwan's seasonally adjusted industrial manufacturing index in May came by 0.71 percent compared to the previous month as well as was up by 3.48 percent year on year.In the provided month, commercial output in the country's fundamental steel manuprepainted steel platefacturing sector advanced by 7.74 percent as well as outcome of metal item production climbed by 2. steel coil cost in china today88 percent, both compared to the previous month. Furthermore, on year-on-year basis, in May outcome of the fundamental steel production market dropped by 3.84 percent as well as result of the steel product producing industry declined by 6.70 percent.Meanwhile, in May this year, production in Taiwan's machinery and devices industry was down by 1.23 percent, while result in the automobile market visited 16.17 percent, both year on year.

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