Japan 2021 steel exports up 7% Y-o-Y but still below high

ABSTRACT

In 2021, Japan's total steel exports rose 6.9% on year to about 34.01 million tonnes, according to the preliminary data released by Japan's Ministry of Finance on January 20. The very first on-year rise over the past eight years was due to the low base in 2020 amid the negative impact of the COVID-19 outbreak and the supply tightness from Japanese steel producers.