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Japan’s steel exports down 3.9 percent in January-September

Thursday, 31 October 2024 13:39:32 (GMT+3)   |   Istanbul

In September this year, Japan’s iron and steel product exports amounted to 2.63 million metric tons, decreasing by 1.1 percent both month on month and year on year, according to the customs statistics released by the Japan Iron and Steel Federation (JISF).

In the January-September period this year, Japanese iron and steel product exports amounted to 23.88 million mt, down by 3.9 percent compared to the same period of the previous year.

Regarding Japan’s major iron and steel product export markets, in the first nine months this year the country’s iron and steel exports to South Korea totaled 3.55 million metric tons, down 18.9 percent, while exports to China decreased by 3.5 percent to 2.03 million metric tons. The export volume to Taiwan amounted to 1.37 million metric tons, up by 12.7 percent, exports to Thailand totaled 3.28 million metric tons, decreasing by 8.3 percent, while exports to the US totaled 952,056 metric tons, up by 2.3 percent, all year on year.

Exports      

       

September (mt) 

Change m-o-m (%)

January-September (mt)

Change y-o-y (%) 

Semi-finished      

224,774 

-9.4      

2,402,485 

+2.3

Bars      

13,549 

-11.9

150,369

-45.6      

Wire rod      

40,182 

+28.6

315,575

+6.6      

Heavy plate      

243,616

-0.4

2,082,253

-10.4      

HRC      

951,330 

-7.3      

8,928,788 

-5.0      

CRC      

142,420 

+3.5      

1,116,342 

-3.4    

Galvanized sheet      

169,115 

-6.7      

1,530,315 

-6.6    

BoraKadıoğlu
Bora Kadıoğlu
Editor
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I graduated from Boğaziçi University with a degree in Translation and Interpreting Studies. I have been working in the iron and steel sector for three years as a content specialist at SteelOrbis, mainly focusing on plant investments, steelmaking technology, and import/export statistics.

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