In August, this year, Japan’s iron and steel product exports amounted to 2.8 million metric tons, increasing by 0.6 per cent month on month and by 11.6 per cent year on year, according to the customs statistics released by the Japan Iron and Steel Federation (JISF).

In the January-August period this year, Japanese iron and steel product exports amounted to 22.2 million mt, up by 1.2 per cent compared to the same period of the previous year.

Regarding Japan’s major iron and steel product export markets, in the first eight months this year, the country’s iron and steel exports to South Korea totalled 3.96 million metric tons, up 7.4 per cent. While exports to China decreased by 33.6 per cent to 1.9 million metric ton. The export volume to Taiwan amounted to 1.1 million metric tons, down by 17.0 per cent; exports to Thailand totalled 3.2 million metric tons, decreasing by 8.6 per cent, while exports to the US totalled 800,839 metric tons, down by 4.7 per cent, all year on year.