Japan Sept steel exports dip 19% on limited availability
Oct 21, 2020 12:30
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Japan’s steel exports fell by 18.9% on year to about 2.47 million tonnes in September, or the fifth month posting an on-year decline in the aspect, mainly because of lower steel output in general and thus limited supply from the Japanese mills to the overseas market, Mysteel Global understood from the preliminary data released by Japan’s Ministry of Finance on October 20.
The September steel export
volume was also down 3.9% from August, with Asia remaining the
core buyer, and the export volume approximated 2 million tonnes, down 17.3% on year and 1% lower on month, though
China, with its exceptionally robust demand, received far more steel from Japan last month, according to the