Japanese Steel Export Breakdown

Steel

Of the 3.6 Mt of steel Japan exported in April, 2.8 Mt were to destinations in Asia, up 6% year-on-year, according to the Japan Iron and Steel Federation, despite reduced shipments to China (-2%), South Korea (-12%) and Taiwan (-9%). Exports to South America were up 43% year-on-year in April, at 0.3 Mt, while cargoes to the US rose 44% to 0.2 Mt.