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Japan’s scrap steel exports decreased by 8.3% from January to May 2024

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According to data from the General Administration of Customs of Japan SPP steel, the export volume of scrap steel in May was 520492 tons, a decrease of 12.0% compared to 591.779 tons in May last year; The total export volume of SPP steel scrap steel from Japan from January to May was about 2.59 million tons, a year-on-year decrease of 8.3%. Currently, Vietnam is the largest importer of scrap steel from Japan, with an import volume of 1 million tons, a year-on-year increase of 49.5%. It was followed by South Korea and Taiwan, China, with imports of 702222 tons and 326854 tons, down 41.6% and 13.6% year on year respectively SPP steel.

  • Source: Abstract
  • Editor: Shirley

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