[SMM Steel] Japan's Steel Exports Decline Amid Weak Demand Across Asia

Published: Jun 1, 2026 17:58

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[SMM Steel] Japan's steel exports fell by 9.3% YoY to 9.27 million tonnes in January-April 2026 as weaker demand from major Asian markets continued to weigh on overseas shipments. Exports to China, South Korea, and Taiwan declined during the period, while shipments to the US increased by 20% YoY, providing partial support. The data highlights ongoing challenges for Japanese steelmakers amid sluggish regional demand and increasing competition in export markets.

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