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Japan’s steel exports down 2.8% in January-July 2022

In July this year, Japan (japan)’s iron and steel product exports amounted to 2.48 million metric tons, dropping by 19.8 % month on month and by 18.9 % year on year, according to the customs statistics released by the Japan (japan) Iron and Steel Federation (JISF).
In the January-July period this year, Japanese iron and steel product exports amounted to 19.43 million mt, decreasing by 2.8 % compared to the same period of the previous year.

Regarding Japan (japan)’s major iron and steel product export markets, in the first seven months this year the country’s iron and steel exports to South Korea totaled 3.31 million metric tons, up 27.3 %, while exports to China decreased by 20.3 % to 2.46 million metric tons, the export volume to Taiwan amounted to 1.16 million metric tons, down by 15.6 %, exports to Thailand totaled 3.05 million metric tons, falling by 15.4%, while exports to the US totaled 730,698 metric tons, increasing by 10.4 %, all year on year.

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Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.

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