Japan’s steel imports down after 12 straight increases

Japan’s imports of iron and steel products have fallen for the first time after 12 consecutive increases on a year-on-year basis, mainly due to lower flat steel shipments from South Korea.

Total imports moved down by 14.8% year-on-year in November to 672,491 tonnes, according to figures released last week by the Japan Iron & Steel Federation (JISF).

Carbon finished steel imports dipped by 22.1% to 349,537 tonnes, while imports of ferro-alloys and special steel increased by 5% and 33%, respectively, to...


Juan Weik

December 29, 2014

07:31 GMT