According to data released by Japan Iron & Steel Federation, Japan’s exports of common steel products dropped to 3.58 million tonnes in June down by 2.1% compared to the same month of last year.
The total export revenue generated by steel products amounted to JPY 332.9 billion down by 0.4% on the prior comparable period.
Steel exports to Asia dropped by 4.8% to 2.75 million tonnes YoY while shipments to China totaled 512,000 tonnes up by 5% on year. Japan’s steel exports to the US increased by 18.5% to 205,000 tonnes.
Source – yieh.com