Japan's iron and steel product exports see slight increase in July

In July this year, Japan's iron and steel product exports amounted to 3.06 million metric tons, rising by 5.2 percent month on month and up by 0.9 percent year on year, according to the customs statistics released by the Japan Iron and Steel Federation (JISF).

In the January-July period of this year, Japanese iron and steel product exports amounted to 19.34 million mt, declining by 10.8 percent, compared to the same period of 2018. 

Regarding Japan's major iron and steel product export markets, in the first seven months of the year, the country's iron and steel exports to South Korea totaled 3.22 million metric tons, up 1.9 percent, while exports to China decreased by 10.7 percent to 2.86 million metric tons, the export volume to Taiwan amounted to 1.2 million metric tons, down by 27.9 percent, exports to Thailand totaled 3.09 million metric tons, falling by 8.1 percent, while exports to the US totaled 824,664 metric tons, falling by 11.4 percent, all year on year.