In May this year, Japan's iron and steel product exports amounted to 2.5 million metric tons, down 12 percent month on month and decreasing by 17.7 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 14.65 million mt, rising by 9.5 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 of the year the country's iron and steel exports to South Korea totaled 2.33 million metric tons, up 3.9 percent, while exports to China increased by 3.6 percent to 2.07 million metric tons, the export volume to Taiwan amounted to 1.12 million metric tons, up by 38.4 percent, exports to Thailand totaled 1.81 million metric tons, falling by 15.6 percent, while exports to the US totaled 449,857 metric tons, declining by 26.2 percent, all year on year.
|
Exports |
||||
|
|
May 2020 (mt) |
Change m-o-m (%) |
January-May 2020 |
Change y-o-y (%) |
|
Semi-finished |
300,714 |
-32.6 |
1,901,875 |
56.8 |
|
Bars |
35,068 |
8.6 |
162,119 |
-12 |
|
Wire rod |
18,387 |
-46.5 |
155,002 |
-29.6 |
|
Heavy plate |
183,112 |
-12.9 |
1,051,915 |
0 |
|
HRC |
884,083 |
-5.8 |
4,974,046 |
24.6 |
|
CRC |
104,155 |
-27.2 |
810,883 |
-10.2 |
|
Galvanized sheet |
143,671 |
-21 |
928,642 |
-2.0 |