In October this year, Japan’s iron and steel product exports amounted to 2.52 million metric tons, decreasing by 4.1% month on month and 6.4% year on year, according to the customs statistics released by the Japan Iron and Steel Federation (JISF).

In the January-October period this year, Japanese iron and steel product exports amounted to 26.40 million mt, down by 4.1% compared to the same period of the previous year.

Regarding Japan’s major iron and steel product export markets, in the
first ten months this year the country’s iron and steel exports to South Korea totaled 3.95 million metric tons, down 17.9%, while exports to China decreased by 4.3% to 2.25 million metric tons.

The export volume to Taiwan amounted to 1.50 million metric tons, up by 11.3%, exports to Thailand totaled 3.64 million metric tons, decreasing by 8.5%, while exports to the US totaled 1.02 million metric tons, down by 1.5%, all year on year.