8,057.00 TL BIST 100 BIST 100
€31.38 EUR EUR
28.92 $ USD USD
38.49 TL Interest Interest
78.05 $ Fossil Oil Fossil Oil
24.51 $ Silver Silver
3.83 $ Copper Copper
129.79 $ Iron Ore Iron Ore
385.00 $ Ship Dismantling Ship Dismantling
1,889.62 TL Gold (gr) Gold (gr)

Taiwan's steel mills import pig iron due to insufficient scrap supply

Taiwan’s steel mills import pig iron to replace insufficient scrap supply.

Taiwan's steel mills import pig iron due to insufficient scrap supply

According to Customs statistics, Taiwan's pig iron imports in July 2023 increased by 150% compared to June 2023 and reached 87,500 tons.

Imports from Russia ranked first with approximately 66,300 tons, while Brazil ranked second with 18,300 tons.

Looking at the first half of 2023, Taiwan's pig iron imports were recorded as approximately 129,000 tons. Imports in July reached two-thirds of first half volume.

Some of Taiwan’s steel mills tended to purchase pig iron due to the decreased supply of high-quality scrap. It was expected that pig iron imports in the second half of the year will exceed those in the first half.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Iron and steel prices on an upward trend

Tuesday, December 5, 2023

"You Have the Say - Steel Conversations" discussed the challenges of the Turkish steel industry

Tuesday, December 5, 2023

Price disparity raises questions in the Middle East's steel market

Tuesday, December 5, 2023

US HRC imports fell in October

Tuesday, December 5, 2023

US crude steel production rises on a weekly basis

Tuesday, December 5, 2023
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences

Global Iron and Steel Exchanges

Iron and Steel Indices, Price and News

E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now