Japanese iron, steel exports slide for 9th straight month in May

Japanese iron and steel exports retreated for a ninth straight month in May, dropping by 4% from the corresponding period a year earlier to 3.52 million tonnes.

However, volumes were up by 8.9% on the previous month, according to the Japan Iron & Steel Federation. Exports of carbon steel fell by 11.4% year-on-year to 2.22 million tonnes, although volumes were up 9.4% on the month. Hot rolled strip exports were down 9.5% on the year, at 921,851 tonnes. Galvanised sheet exports were lower by 17.4% from year-earlier volumes to 329,314 tonnes, while heavy plate exports dropped by 16.6% to 219,820 tonnes. Cold rolled strip exports amounted to 243,501 tonnes...


our Japan correspondent

June 30, 2014

13:35 GMT