In August this year, Japan's iron and steel product exports amounted to 2.59 million metric tons, up 3.9 percent month on month and decreasing by 14.4 percent year on year, according to the customs statistics released by the Japan Iron and Steel Federation (JISF).
In the January-August period of this year, Japanese iron and steel product exports amounted to 22.15 million mt, falling by one percent compared to the same period of the previous year.
Regarding Japan's major iron and steel product export markets, in the first eight months of the year the country's iron and steel exports to South Korea totaled 3.46 million metric tons, down 4.8 percent, while exports to China increased by 21.5 percent to 3.99 million metric tons, the export volume to Taiwan amounted to 1.75 million metric tons, up by 26.5 percent, exports to Thailand totaled 2.4 million metric tons, falling by 33.1 percent, while exports to the US totaled 619,804 metric tons, declining by 32.9 percent, all year on year.
|
Exports |
||||
|
|
August 2020 (mt) |
Change m-o-m (%) |
January-August 2020 |
Change y-o-y (%) |
|
Semi-finished |
313,700 |
-21.0 |
2,943,101 |
35.1 |
|
Bars |
26,658 |
23.6 |
238,877 |
-20.9 |
|
Wire rod |
31,197 |
48.1 |
228,438 |
-31.3 |
|
Heavy plate |
194,717 |
-11.6 |
1,702,785 |
2.7 |
|
HRC |
1,001,393 |
16.8 |
7,534,043 |
6.9 |
|
CRC |
124,293 |
57.6 |
1,138,484 |
-22.6 |
|
Galvanized sheet |
121,875 |
-0.1 |
1,334,471 |
-13.8 |