Japan’s carbon steel exports in July rose by 22.9% on year to about 1.96 million tonnes, or up on year for the third month after one year of drops, according to the latest data released by the Japan Iron & Steel Federation (JISF) on August 30, though the volume could have been higher if domestic mills had not prioritized domestic needs, a JISF official commented.
“Overall demand from overseas buyers have improved but
Japanese steel producers have not been able to increase their export volume to
match the pace, and the steel exports, thus, have not returned to pre-pandemic
level yet,” he elaborated.
Japan’s carbon steel exports in March 2020, the month
before the virus outbreak, for example, approximated 2.33