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Japan’s May carbon steel exports up 1st time in 13 months

ABSTRACT

Japan’s carbon steel exports achieved its first on-year gain in May in the 13 months, or up 9.5% on year to about 1.79 million tonnes, according to the data released by the Japan Iron & Steel Federation (JISF) on June 30, though the volume was not high, as the Japanese steel producers had been prioritizing domestic demand, a JISF official said.
In May, the breakdown by product showed that hot-rolled coil (HRC) remained the top export item, though it was the only one posting an on-year ease, which was probably due to the fact that many domestic steel mills had been tight with HRCs with the maintenance work, according to the official, and “it must

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