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Japan's May steel imports surge 23% on month, but temporary

ABSTRACT

For May, Japan's imports of carbon steel finished products had risen by a large 23% on month to 343,794 tonnes, according to the new data released by Japan Iron & Steel Federation (JISF) on June 30. A JISF official commented that the rise is believed to be just temporary because no demand recovery is seen among Japanese manufacturers.
Japan's carbon steel imports in May were also 9% higher on year, though the total volume over January-May was 7.1% lower on year to about 1.66 million tonnes, the data showed.   The JISF official attributed the on-month rise partially due to the low base of April and to the delay in

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