Japan’s steel exports up 1.2 percent in January-August

In August this year, Japan’s iron and steel product exports amounted to 2.8 million metric tons, increasing by 0.6 percent month on month and by 11.6 percent year on year, according to the customs statistics released by the Japan Iron and Steel Federation (JISF).

In the January-August period this year, Japanese iron and steel product exports amounted to 22.2 million mt, up by 1.2 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 this year the country’s iron and steel exports to South Korea totaled 3.96 million metric tons, up 7.4 percent, while exports to China decreased by 33.6 percent to 1.9 million metric tons, the export volume to Taiwan amounted to 1.1 million metric tons, down by 17.0 percent, exports to Thailand totaled 3.2 million metric tons, decreasing by 8.6 percent, while exports to the US totaled 800,839 metric tons, down by 4.7 percent, all year on year.