In July this year, Japanese ferrous scrap exports amounted to 513,701 mt, down by 16.6 percent compared to 615,634 mt in the same month of the previous year, according to customs statistics. In the first seven months this year, the country exported 4.05 million mt of scrap, down by 8.6 percent year on year.
During the given period, Vietnam was the biggest importer of Japanese scrap, importing 1.67 million mt, down by 12.9 percent year on year. Vietnam was followed by Bangladesh and South Korea, importing 984,731 mt and 655,471 mt of scrap, up 33.4 percent and down 15.2 percent, respectively, year on year.
Meanwhile, Japanese scrap exports to Thailand amounted to 313,260 mt in the January-July period this year, up from 130,816 mt in the same period of the previous year.
