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Japan’s steel exports up three percent in Oct over Sept

Thursday, 01 December 2011 15:18:39 (GMT+3)   |  
       
According to the customs statistics released by the Japanese Ministry of Finance, Japan's iron and steel product exports in October this year amounted to 3.4 million metric tons, decreasing by 0.6 percent compared to the same month last year and up by three percent month on month, while Japan's steel imports hit 819,915 metric tons, with a month-on-month increase of 40.1 percent and a year-on-year increase of 27.9 percent.

Regarding Japan's major steel export markets, in October the country's steel exports to South Korea totaled 649,508 mt, up 4.6 percent, while steel exports to China decreased by 9.3 percent to 531,061 metric tons; the export volume to Taiwan amounted to 350,049 metric tons, up 44.4 percent; exports to Thailand totaled 475,409 metric tons, up 12.2 percent; while exports to the US came to 132,477 metric tons, decreasing by 25.5 percent, all compared to the previous month.

In October this year, Japan imported 425,227 metric tons of steel from South Korea, up 53.8 percent, it imported 143,502 metric tons from China, up by 43.2 percent, while imports from Taiwan came to 82,765 metric tons, increasing by 42.6 percent, all compared to September.

Exports

Imports

October 2011 (mt)

Change m-o-m (%)

Change y-o-y (%)

October 2011 (mt)

Change m-o-m (%)

Change y-o-y (%)

Semi-finished

525,061

46.1

15

55,287

404.8

18.515

Bars

29,222

40.7

-21.4

3,622

53.3

135.3

Wire rod

43,072

-26.7

19

28,290

99.4

34

Heavy plate

288,272

3.1

0.8

65,470

91.6

179.4

HRC

703,065

6.1

10.6

183,436

60.9

47.6

CRC

285,164

-8.7

-15.3

93,299

26.9

36.1

Galvanized sheet

402,875

6.7

-7.8

66,015

58

52.5

Special steel

597,203

-3.2

-5.5

38,292

29.4

70.3


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