Japan’s steel imports up 9.5 percent in May over April

Friday, 01 July 2011 18:16:55 (GMT+3)   |  
According to the customs statistics released by the Japanese Ministry of Finance, Japan's steel exports in May this year amounted to 3.3 million metric tons, decreasing by 2.96 percent month on month and by eight percent compared to the same month last year, while Japan's steel imports hit 748,536 metric tons, with a month-on-month increase of 9.52 percent and a year-on-year increase of 16.4 percent.
 
Regarding Japan's major steel export markets, in May the country's steel exports to South Korea totaled 838,036 mt, up 0.15 percent; exports to China increased by 0.60 percent to 574,934 metric tons; the export volume to Taiwan amounted to 270,647 metric tons, down 8.8 percent; exports to Thailand totaled 387,033 metric tons, down by 7.7 percent; while exports to the US came to 142,672 metric tons, decreasing by 20.6 percent, all compared to the previous month.
 
In May this year, Japan imported 234,200 metric tons of steel from South Korea, up 14.7 percent, it imported 76.833 metric tons from China, climbing by 20.7 percent, while imports from Taiwan came to 74,048  metric tons, decreasing by 11.2 percent, all compared to April.

 

 

Exports

Imports

 

May 2011  (mt)

Change m-o-m (%)

Change y-o-y (%)

May 2011  (mt)

Change m-o-m (%)

Change y-o-y (%)

 
 

Semi-finished

406,398  

-2.6

19.55

8,027

-9.5

-84.2

 

Bars

27,300

-15.2

-57.4

2,760

15.5

61.1

 

Wire rod

46,216

38.4

8.8

31,417

-22

-10

 

Heavy plate

333,079

6.3

19.11

39,891

50.5

112.6

 

HRC

633,948

-8

-25

157,656

-5.1

9.5

 

CRC

302,162

-6.2

-12

69,469

16

20

 

Galvanized sheet

438,690

4.9

-7.4

38,451

26

12

 

Special steel

626,111

-4.2

-5.2

34,745

-13.4

65.9

 

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