Taiwan’s total imports of ferrous scrap rose by 19.7 percent year on year to 2.9 million mt in the January-October period of this year, according to the official customs statistics.
In the first ten months of the year, the US was the main supplier of scrap to Taiwan, exporting 1.1 million mt to this destination in the given period, up by 8.1 percent year on year.
Meanwhile, scrap exports from Japan to Taiwan totaled 830,489 mt in the given period, up 73.3 percent year on year.
In October alone, Taiwan’s scrap imports amounted to 322,286 mt, increasing by 30.9 percent year on year and by 4.6 percent month on month.