Industry News

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

Views : 126
Update time : 2023-08-15 14:24:53
According to Customs statistics, Taiwan’s pig iron imports totaled around 87,500 tons in July, surging by 150% compared to the previous month.

Among them, imports from Russia accounted for the largest proportion, totaling around 66,300 tons. Brazil ranked second with roughly 18,300 tons.

In the first half of this year, Taiwan’s pig iron imports amounted to nearly 129,000 tons. Imports in July reached two-thirds of the 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.
Related News
Read More >>
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Mar .12.2025
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Mar .12.2025
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they? Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
Mar .12.2025
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
International crude oil prices increase on Mar 11 International crude oil prices increase on Mar 11
Mar .12.2025
International crude oil prices increase on Mar 11