According to the latest customs data, Japan flat steel imports which includes 7208 (HR coils /Plates), 7209 (CR coils), 7225 (Electrical sheets), 7210/7212(GP/GC) witness the decline of 8%,M-o-M basis to 0.34 MnT in Sep’17 against to 0.37 MnT in Aug’17.
On yearly basis, nation’s flat steel imports went down by 8% in Sep’17.The same stood at 0.37 MnT in Sep’16.
Although in the tenure of Jan-Sep’17 nation’s flat steel import increases by 6.3% to 3.34 MnT against 3.14 MnT in similar time frame of previous year.
Grade-Wise Japan Flat Steel Imports in Sep’17-
| Sub Commodity | Sep’17 | Aug’17 | M-o-M Change in % |
Sep’16 | Y-o-Y Change in % |
| HRC/Plate | 0.17 | 0.16 | 6.25 | 0.2 | -15 |
| CRC | 0.08 | 0.08 | 0 | 0.07 | 14.2 |
| Galvanized Steel | 0.07 | 0.1 | -30 | 0.06 | 16.6 |
| Electrical Steel | 0.01 | 0.03 | -66.66 | 0.04 | -75 |
| Others | 0.00 | 0.00 | 0 | 0 | 0 |
| Grand Total | 0.33 | 0.37 | -8% | 0.37 | -8% |
Quantity in MnT
Source-SteelMint Research
South Korea was the major flat steel exporter to Japan in Sep’17– In Sep’17 South Korea exported 0.24 MnT of flat steel to Japan followed by Taiwan which stood at 0.07 MnT and China at 0.03 MnT.
From Jan-Sep’17 South Korea was the major flat steel exporter to Japan and occupies the share of 67.52 % of share.Other major countries include Taiwan with 20.85% of share and China with 11.12% of share.
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