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| The Economic Roundup is an excerpted translation of the Chinese-language ROC Economic Yearbook published by the Economic Daily News, a sister publication of the Taiwan Economic News. The yearbook is the most comprehensive and authoritative source for understanding the fundamentals of Taiwan's economy, both in the macro and micro aspects. The excerpted translation gives foreign readers a concise view of the island's overall economic picture. It is divided into four parts: general economy, primary industries, secondary industries, and tertiary industries. |
| Secondary Industries > Aluminum Products |
| Featuring light weight, good looking, abrasion-resistance, and good power and heat conductivity, aluminum products are growingly applied to such industries as precision machinery, automobile, motorcycle, bicycle, electrical appliances, food packaging, aerospace and household hardware.
The international aluminum price rose from US$1,830 per metric tons at the beginning of 2005 to a 10-year high of US$2,019 in November of last year, and surged further to US$2,285 at the end of the year, for an annual growth of 25% in the past year.
In 2005, Taiwan produced 191,500 metric tons of aluminum ingots and alloys, 65,000 metric tons of aluminum castings, 140,800 metric tons of aluminum sheets, 167,300 metric tons of aluminum extrusions, and 28,300 metric tons of aluminum window frames and doors.
Taiwan's imported and exported aluminum products are mostly those without thermo processing. Last year, Taiwan imported 523,500 metric tons of aluminum products valued at US$1.039 billion and exported 111,300 metric tons valued at US$202 million. |
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