Japan: Billet exports fall by 17% m-o-m in Aug’20

During Aug’20, the billet exports from Japan have dropped to 301,547 t from 363,637 t in Jul’20, registering an m-o-m drop of 17%. Taiwan, China, South Korea, Thailand, and Indonesia stood as the prominent importers of Japanese billets. The fall was primarily due to the shifting of Chinese buying towards Russia and Iran.