According to Japanese customs statistics, Japan’s iron scrap exports amounted to 529,123 tonnes in February this year, an increase of 3.2% compared to 512,866 tonnes over the same month last year.

From January to February this year, Japan exported 1.10 million tonnes of scrap, up by 35% over the same period last year.

During the specified period, South Korea was the largest importer of Japanese scrap, importing 526,985 million tonnes, an increase of 3.2% year on year, followed by Vietnam and Taiwan, which imported 288,168 tonnes and 102,701 tonnes of scrap, up by 93.3% and 154.6%, respectively, compared to the same period of last year.

Meanwhile, Japan’s iron scrap exports to Bangladesh reached 50,961 tonnes in the January-February period of this year, compared to 40,207 tonnes in the same period of the previous year.