Japan's steel exports decrease in Jan-Aug y-o-y
October 04, 2024 02:14:04 PM
According to the Japan Iron and Steel Federation (JISF), Japan's steel product exports approximately 21.3 million tons in the first eight months of 2024, decreasing by 4.2% from last year.
South Korea was the largest destination with roughly 3.22 million tons, dropping by 18.8% yearly. Followed by Thailand (about 2.83 million tons), China (about 1.85 million tons), Taiwan (about 1.22 million tons), and the US (about 805,000 tons).
Japan's steel product exports were around 2.65 million tons in August 2024, declining by 8.4% monthly and decreasing by 5.1% yearly.
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Steel Export Market Prices
| Material | Price | Change |
|---|---|---|
| Stainless Seamless Pipe 304 108*4 mm | $ 2196.65 | 11.34 |
| Stainless Scrap 304 Solid | $ 1296.97 | -12.95 |
| Stainless Bar 321 60 mm | $ 2197.04 | -13.10 |
| Stainless Bar 304 60 mm | $ 1956.28 | -13.25 |
| Stainless HR Coil 304/No.1 6.0 mm | $ 1902.08 | -9.39 |