The Taiwanese container scrap market has reached its lowest point, according to Kallanish. Importers have responded by increasing bids for containerized HMS 1&2 80:20 scrap, with some transactions reported at around $325 per ton. This comes amid a backdrop of declining ferrous scrap imports, which fell 6.2% year-on-year in August due to weak domestic steel demand and competitive pricing from China. Industry experts suggest that while prices may stabilize, challenges remain if domestic demand does not improve significantly in the coming months.