In May this year, Japan’s iron and steel product exports amounted to 2.77 million metric tons, increasing by 10.0 percent month on month and down by 8.3 percent year on year, according to the customs statistics released by the Japan Iron and Steel Federation (JISF).
In the January-May period this year, Japanese iron and steel product exports amounted to 13.11 million mt, down by 4.9 percent compared to the same period of the previous year.
Regarding Japan’s major iron and steel product export markets, in the first five months this year the country’s iron and steel exports to South Korea totaled 2.13 million metric tons, down 17.2 percent, while exports to China increased by 0.5 percent to 1.19 million metric tons. The export volume to Taiwan amounted to 743,152 metric tons, up by 5.4 percent, exports to Thailand totaled 1.78 million metric tons, decreasing by 11.7 percent, while exports to the US totaled 506,074 metric tons, down by 0.5 percent, all year on year.
Exports |
||||
|
May (mt) |
Change m-o-m (%) |
January-May (mt) |
Change y-o-y (%) |
Semi-finished |
353,600 |
+34.5 |
1,389,447 |
+3.4 |
Bars |
15,007 |
-20.7 |
107,541 |
-24.3 |
Wire rod |
43,606 |
+68.7 |
171,666 |
+4.0 |
Heavy plate |
246,809 |
+5.7 |
1,122,807 |
-13.7 |
HRC |
1,021,103 |
+6.7 |
4,778,485 |
-7.4 |
CRC |
109,082 |
-0.3 |
594,873 |
-5.3 |
Galvanized sheet |
181,259 |
+16.9 |
884,385 |
-8.3 |