In August this year, Japan’s iron and steel product exports amounted to 2.95 million metric tons, down 3.5% month on month and up 14.0% 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 22.95 million mt, rising by 3.6% 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 totaled 3.05 million metric tons, down 11.6 %, while exports to China decreased by 12.9 % to 3.47 million metric tons, the export volume to Taiwan amounted to 1.62 million metric tons, down by 7.5 %, exports to Thailand totaled 4.17 million metric tons, rising by 74.0 %, while exports to the US totaled 736,609 metric tons, increasing by 18.8 %, all year on year.