In July this year, Japan's iron and steel product exports amounted to 3.53 million metric tons, increasing by 3.2 percent month on month and up by six percent year on year, while Japan's iron and steel product imports totaled 634,528 metric tons, with a month-on-month decrease of 18.6 percent and a year-on-year decrease of 1.2 percent, according to the customs statistics released by the Japanese Ministry of Finance (JISF).
In the first seven months of the current year, Japanese iron and steel product exports amounted to 24.63 million mt, rising by 2.2 percent, while Japanese iron and steel product imports came to 4.59 million mt, decreasing by 18.76 percent, both compared to the same period of 2014.
Regarding Japan's major iron and steel product export markets, in the first seven months this year the country's iron and steel exports to South Korea totaled 3.79 million mt, down 9.7 percent, while exports to China decreased by 6.9 percent to 3.24 million mt, the export volume to Taiwan amounted to 1.88 million metric tons, down 7.8 percent, exports to Thailand totaled 3.05 million metric tons, declining by 4.38 percent, while exports to the US totaled 1.42 million metric tons, increasing by 2.9 percent, all year on year.
In the January-July period, Japan imported 1.65 million metric tons of iron and steel products from South Korea, down 18.6 percent, it imported 216,316 metric tons from China, decreasing by 42.1 percent, while imports from Taiwan fell 8.4 percent to 556,264 metric tons, all compared to the first seven months of 2014.
Exports |
Imports |
|||||||
|
July 2015 (mt) |
Change m-o-m (%) |
January- July 2015 |
Change y-o-y (%) |
July 2015 (mt) |
Change m-o-m (%) |
January- July 2015 |
Change y-o-y (%) |
Semi-finished |
339,417 |
-1.16 |
2,755,515 |
-11.2 |
10,139 |
-18.7 |
72,446 |
-57.4 |
Bars |
62,337 |
-17.3 |
370,106 |
138.7 |
3,231 |
-8.5 |
21,426 |
-19.3 |
56,418 |
-11.1 |
434,786 |
6.1 |
11,617 |
86.5 |
60,513 |
-9.7 |
|
Heavy plate |
264,169 |
-2.58 |
1,882,967 |
21.2 |
49,397 |
-4.6 |
354,639 |
-20.4 |
1,225,159 |
13.5 |
7,512,941 |
17.2 |
138,606 |
-0.7 |
920,023 |
-38.9 |
|
244,235 |
8.4 |
1,622,087 |
-23.9 |
53,424 |
-13.5 |
507,328 |
-19.9 |
|
Galvanized sheet |
258,315 |
-8.83 |
1,926,132 |
-14.6 |
53,468 |
-7.01 |
370,081 |
-21.7 |
Special steel |
643,084 |
4.2 |
4,647,431 |
-7.6 |
81,124 |
11.8 |
532,132 |
-17.6 |
Stainless steel |
98,004 |
16.6 |
643,666 |
-4.58 |
14,764 |
12.3 |
97,211 |
-28.67 |