Exports from Japan increased by 4.4% in July

Exports from Japan increased by 4.4% in July

According to the recent data released by the Japan Iron & Steel Federation, Japan exported 3 million tons of steel in July 2003, increased by 4.4% compared to June 2003. This tonnage is at the same time 4.5% less than July 2002. Carbon steel exports amounted to 2.2 million tons with a 4.3% decrease against same period last year. The year-to-date steel exports were 19.9 million tons, dropped by 5.1% compared to same period last year while carbon steel exports decreased by 3% to 14.5 million tons. In July, steel bar exports were 2.1 times higher than July 2001. Furthermore, cold rolled coil exports increased by 2.5%, butt-welded tubes up by 3.8%, shape steels up by 16.7%, hot rolled coils down by 19.8% while galvanized steel sheets down by 6.9%. Japan's steel export to South Korea increased by 19.6% against July 2002, US up by 1.7%, China dropped by 28.3% and Taiwan decreased by 9.6%.