Taiwan’s scrap imports down 8.5 percent in January-May

Wednesday, 12 June 2024 15:08:02 (GMT+3)   |   Istanbul

Taiwan’s total imports of ferrous scrap decreased by 8.5 percent year on year to 1,339,081 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 557,652 mt to this destination in the given period, up by three percent year on year.

Meanwhile, scrap exports from Japan to Taiwan totaled 311,204 mt in the given period, down 17.6 percent year on year.

In May alone, Taiwan’s scrap imports amounted to 292,613 mt, down by 18.8 percent year on year and up by 5.7 percent month on month.

DamlaTükenmez
Damla Tükenmez
Editor

I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

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