Taiwan’s total imports of ferrous scrap decreased by 12.0 percent year on year to 3,008,037 mt in 2024, according to the official customs statistics.
In the full year, the US was the main supplier of scrap to Taiwan, exporting 1,236,707 mt to this destination in the given period, down by 4.9 percent year on year. Meanwhile, scrap exports from Japan to Taiwan totaled 684,206 mt in the given period, down 29.2 percent year on year.
In December alone, Taiwan’s scrap imports amounted to 258,548 mt, up by 5.6 percent year on year and rising by 19.5 percent month on month.