Japan Steel exports drop 4% m/m in May: JISF

JAPAN June 22 2015 12:15 PM
TOKYO (Scrap Register): Japan’s exports of common steel products declined to 3.45 million tons in May, down by 4% as compared to the previous month, as per the data released by Japan Iron & Steel Federation (JISF).

The total export revenue generated by steel products amounted to JPY 303.1 billion, down 6.7% year-on-year.

The country’s steel exports to Asia decreased by 7% year-on-year to 2.55 million tons in May, while shipments to China totaled 481,000 tons, down 1.3% from a year earlier.