In May this year, Japanese ferrous scrap exports amounted to 648,253 MT, up by 24.6% compared to 520,195 MT in the same month of the previous year, according to customs statistics from Steel Orbits.
In the January-May period this year, the country exported 3.26 million MT of scrap, up by 25.7% year on year
During the given period, Vietnam was the biggest importer of Japanese scrap, importing 1.44 million metric tons, up 43.1% year on year. Vietnam was followed by Bangladesh and South Korea, importing 546,838 metric tons and 508,530 metric tons of scrap, up 325.1% and down 27.6%, respectively, year on year.
Meanwhile, Japanese scrap exports to Taiwan amounted to 222,756 metric tons in the January-May period this year, down from 326,557 metric tons in the same period of the previous year
