Japan's iron and steel product exports down 5.5 percent in Jan-Sept

Wednesday, 05 November 2014 16:59:03 (GMT+3)   |   Istanbul

In September this year, Japan's iron and steel product exports amounted to 3.74 million metric tons, increasing by 5.2 percent month on month and up 7.4 percent year on year, while Japan's iron and steel product imports totaled 792,119 metric tons, with a month-on-month increase of 17.8 percent and a year-on-year increase of 31.2 percent, according to the customs statistics released by the Japanese Ministry of Finance (JISF).
 
In the January-September period of the current year, Japanese iron and steel product exports amounted to 31.4 million mt, decreasing by 5.5 percent, while Japanese iron and steel product imports came to 7.11 million mt, increasing by 29.7 percent, both compared to the January-September period of 2013.
 
Regarding Japan's major iron and steel product export markets, in the first nine months of this year the country's iron and steel exports to South Korea totaled 5.51 million mt, down eight percent, while exports to China decreased by 0.6 percent to 4.5 million mt, the export volume to Taiwan amounted to 2.57 million metric tons, down 13.5 percent, exports to Thailand totaled 4.14 million metric tons, down 3.2 percent, while exports to the US totaled 1.83 million metric tons, increasing by 2.9 percent, all compared to the same period of 2013.
 
In the January-September period of the current year, Japan imported 3.17 million metric tons of iron and steel products from South Korea, up 25.3 percent, it imported 1.61 million metric tons from China, up 73.3 percent, while imports from Taiwan rose to 887,737 metric tons, increasing by 13.3 percent, all compared to the same period of 2013.

Exports Imports
  September 2014 (mt) Change m-o-m (%) January-September 2014 Change y-o-y (%) September 2014 (mt) Change m-o-m (%) January-September 2014 Change y-o-y (%)
Semi-finished 395,626 -16.0 3,963,115 -14.9 23,642 140 202,438 160.7
Bars 30,900 59.6 201,734 -25.8 3,368 108.6 31,464 -6.4
Wire rod 68,196 11.1 539,128 5 10,793 42.2 85,551 -10
Heavy plate 276,171 36.4 2,032,716 19.8 48,156 12.7 538,073 87.5
HRC 995,103 -2.8 8,431,371 -5.4 151,080 11.7 1,342,514 13.5
CRC 243,154 3.2 2,120,770 -14.6 69,651 15.4 763,648 16.3
Galvanized sheet 321,690 7.1 2,877,353 -10 76,144 19.1 613,222 80.9
Special steel 819,431 10.9 6,592,918 16.7 75,621 -4.7 802,537 84.8
Stainless steel 101,502 -1.7 879,350 6.8 16,937 36.2 165,055 6.1


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