Japan’s steel exports down in May
The Japan Iron and Steel Federation said today that Japan's steel exports reached 2.89 million mts in May, down by 1.5% compared to the same period of last year. In the mentioned period, Japan exported 600'000 mts of steel to China with an increase of 5.4%. On the other hand, exports to South Korea fell by 4.6% to 803'000 mts while exports to Thailand were recorded as 271'000, indicating a decrease of 13.5%. Japan exported 238'000 mts and 90'000 mts of steel to Taiwan and US respectively in May.