Taiwan’s total imports of ferrous scrap rose by 17.3 percent year on year to 1.46 million mt in the January-May period of this year, according to the official customs statistics.
In the first five months of the year, the US was the main supplier of scrap to Taiwan, exporting 541,141 mt to this destination in the given period, up by 0.9 percent year on year.
Meanwhile, scrap exports from Japan to Taiwan totaled 377.547 mt in the given period, up 97.8 percent year on year.
In May alone, Taiwan’s scrap imports amounted to 360,432 mt, increasing by 30.9 percent year on year and by 15.9 percent from March.