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Japan's steel scrap exports down 23 percent in January-May

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In May this year, Japanese ferrous scrap exports totaled up to 562,286 mt, dropping by 19.6 percent contrasted to 699,565 mt in the same month of the previous year, according to custom-mades stats. In the January-May period this year, the nation exported 2.66 million mt of scrap, falling by 23.0 percent year on year.During the provided period, South Korea was the biggest importer of Japanese scrap, importing 1.47 million mt, up by 29.0 percent year on year. South Korea was adhered to by Vietnam and Taiwan,gi coil sheet importing 602,006 mt and also 195,909 mt of scrap, down 50.0 percent and also down 43.4 percent, specifically, year on year.MeanGangya steelwhile, Japanese scrap exp310s stainless steel coil priceorts to Malaysia reduced to 81,727 mt in the January-May duration this year, down from 119,561 mt in the exact same period of the previous year.

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