Latest data released by the Japan Iron & Steel Federation showed that Japan’s carbon steel exports in July 2021 rose by 22.9% on year to about 1.96 million tonnes. The biggest growth was seen in shipments to South Korea and Thailand, while exports to China and the US decreased on the year. The biggest increase was seen in CRC sales, while sales of HRC, HOG plate and long steel also exceeded last year's figures. JISF said “Overall demand from overseas buyers have improved but Japanese steel producers have not been able to increase their export volume to match the pace, and the steel exports, thus, have not returned to pre-pandemic level yet.Japan’s Iron & Steel Exports – Jul 2021Pig iron - 3,917 tonnes, down by 95% YoYFerroalloy - 17,716 tonnes, down by 3% YoYIngots – 297 tonnes, down by 54% YoYSemi-finished products - 325,336 tonnes, down by 18% YoYOrdinary steel products – Total - 1,960,816 tonnes, up by 23% YoYSpecialty steel products – Total - 683,060 tonnes, up by 91% YoYSecondary steel products – Total - 56,073 tonnes, up by 73% YoYClad plate and cast-iron pipes - 3,918 tonnes, up by 116%YoYTotal iron and steel products - 3,058,391 tonnes, up by 23% YoY
Latest data released by the Japan Iron & Steel Federation showed that Japan’s carbon steel exports in July 2021 rose by 22.9% on year to about 1.96 million tonnes. The biggest growth was seen in shipments to South Korea and Thailand, while exports to China and the US decreased on the year. The biggest increase was seen in CRC sales, while sales of HRC, HOG plate and long steel also exceeded last year's figures. JISF said “Overall demand from overseas buyers have improved but Japanese steel producers have not been able to increase their export volume to match the pace, and the steel exports, thus, have not returned to pre-pandemic level yet.Japan’s Iron & Steel Exports – Jul 2021Pig iron - 3,917 tonnes, down by 95% YoYFerroalloy - 17,716 tonnes, down by 3% YoYIngots – 297 tonnes, down by 54% YoYSemi-finished products - 325,336 tonnes, down by 18% YoYOrdinary steel products – Total - 1,960,816 tonnes, up by 23% YoYSpecialty steel products – Total - 683,060 tonnes, up by 91% YoYSecondary steel products – Total - 56,073 tonnes, up by 73% YoYClad plate and cast-iron pipes - 3,918 tonnes, up by 116%YoYTotal iron and steel products - 3,058,391 tonnes, up by 23% YoY