Japan: Ferrous scrap exports up 10%, m-o-m, in April

  • Japan witnessed a 10% hike in scrap exports at 650,000 t in Apr’22 as against 590,000 t in Mar, as per SteelMint data.
  • South Korea remained the largest importer at 360,000 t followed by Vietnam and Taiwan at 190,000 t and 50,000 t respectively.
  • However, on a y-o-y basis, exports dropped 4% from 680,000 t in Apr’21.

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