According to the latest customs data released, Japan flat steel exports which includes 7208 (HR coils /Plates), 7209 (CR coils), 7225 (Electrical sheets), 7210/7212(GP/GC) have reported the downfall of 7.3% to 12.86 MnT in H1CY17 against 13.88 MnT in similar time frame of previous year.
However on monthly premise nation’s flat steel exports showed the marginal rise of 0.4% to 2.13 MnT in Jun’17 against 2.12 MnT in May’17.
If yearly comparison is made, Japan flat steel exports plunged by 8% in Jun’17 against last year. In Jun’16 the same stood at 2.31 MnT.
CRC exports from Japan jumped 6 times in H1 CY17-In first half of 2017 Japan flat steel products is shown as:
| Sub Commodity | H1 CY16 | H1 CY17 | Y-o-Y% |
| HRC/Plate | 8.04 | 7.01 | -12.81 |
| Electrical Steel | 2.92 | 2.98 | 2.05 |
| Galvanised Steel | 1.59 | 1.54 | -3.14 |
| CRC | 0.22 | 1.29 | 486.36 |
| Others | 1.11 | 0.07 | -93.69 |
| Total | 13.88 | 12.89 | -7.13 |
Quantity in MnT
Source-SteelMint Research
Country-Wise Japan Flat Steel Exports in H1FY17-China was the major flat steel importer and has procured 2.14 MnT of flat steel Other major flat steel importing countries from Japan include Thailand,Korea followed by Mexico and Vietnam.
| Countries | Jan’17 | Feb’17 | Mar’17 | Apr’17 | May’17 | Jun’17 |
| China | 0.33 | 0.35 | 0.36 | 0.36 | 0.37 | 0.36 |
| Thailand | 0.35 | 0.34 | 0.38 | 0.31 | 0.34 | 0.36 |
| South Korea | 0.3 | 0.29 | 0.29 | 0.28 | 0.26 | 0.29 |
| Mexico | 0.16 | 0.14 | 0.15 | 0.18 | 0.19 | 0.17 |
| Vietnam | 0.16 | 0.15 | 0.18 | 0.14 | 0.15 | 0.12 |
| Others | 0.85 | 0.91 | 0.93 | 0.74 | 0.81 | 0.83 |
| Total | 2.15 | 2.18 | 2.29 | 2.01 | 2.12 | 2.13 |
Quantity in MnT
Source-SteelMint Research
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