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01 Mar
11:07

Japanese steel trade weakens in January

Japan’s iron and steel trade volumes fell in January both month-on-month and year-on-year, with the only increase seen in imports on a y-o-y basis, Kallanish notes. The month’s exports of iron and steel products totalled 2.39 million tonnes, down 14.9% m-o-m and 2.9% y-o-y, according to data from the Japan Iron & Steel Federation. Due to increased exports to South Korea, the only major destination to see growth, the country surpasse…
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