Japan's iron and steel product exports down 5.2 percent in November

Friday, 28 December 2018 12:10:38 (GMT+3)   |   Istanbul
       

In November this year, Japan's iron and steel product exports amounted to 2.96 million metric tons, falling by 5.2 percent month on month and down by seven percent year on year, while Japan's iron and steel product imports totaled 737,074 metric tons, with a month-on-month decline of 12.6 percent and a year-on-year rise of 2.4 percent, according to the customs statistics released by the Japan Iron and Steel Federation (JISF).

In the January-November period of this year, Japanese iron and steel product exports amounted to 33.65 million mt, declining by 3.3 percent, while Japanese iron and steel product imports came to 7.7 million mt, falling by 0.8 percent, both compared to the same period of 2017. 

Regarding Japan's major iron and steel product export markets, in the first eleven months of this year the country's iron and steel exports to South Korea totaled 4.92 million mt, down 10.1 percent, while exports to China decreased by 0.3 percent to 5.1 million mt, the export volume to Taiwan amounted to 2.7 million metric tons, up by 2.1 percent, exports to Thailand totaled 5.37 million metric tons, rising by 6.4 percent, while exports to the US totaled 1.38 million metric tons, falling by 19.1 percent, all year on year. 

In the January-November period of the current year, Japan imported 3.5 million metric tons of iron and steel products from South Korea, down 6.6 percent, it imported 1.33 million metric tons from China, decreasing by 4.6 percent, while imports from Taiwan fell by 1.8 percent to 1 million metric tons, all compared to the same period of last year. 

Exports

Imports

 

November

2018 (mt)

Change m-o-m (%)

January-November 2018

Change y-o-y (%)

November

2018 (mt)

Change m-o-m (%)

January-November 2018

Change y-o-y (%)

Semi-finished

334,696

-3.2

3,767,911

-3.6

43,554

-21.7

322,850

52.9

Bars

49,248

3.6

441,299

-8.2

2,355

-39.4

32,212

8.6

Wire rod

35,862

-33.7

499,461

-14.7

11,906

-67.7

211,561

219.1

Heavy plate

258,339

10.4

2,573,309

44.3

42,226

14.3

453,369

-29.1

HRC

797,458

-8.1

9,603,060

-11.5

110,215

-26

1,347,727

-8.7

CRC

189,584

-23

2,246,178

-3.9

87,999

-4.3

850,870

-4.3

Galvanized sheet

237,335

3.4

2,489.320

-5.6

76,110

-10.1

790,853

4.5

Special steel

645,834

-7.3

7,386,595

-2.4

69,888

-3.7

653,212

-20.2

Stainless steel

85,209

-2.9

900,875

0

19,498

1.5

239,217

4


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