Trade statistics released by Japan Customs shows that the country has exported around 642,150 MT ferrous scrap during Aug’16. The nation registered a growth of 2% M-o-M against 630,903 MT exported in July’16.
Export increased by 24% Y-o-Y, the nation exported 519,713 MT ferrous scrap during Aug’15.
The nation exported 5,979,145 MT ferrous scrap during the first 8 months of 2016.
Export to South Korea Decreases by 5% M-o-M in Aug’16
Japan exported 266,452 MT ferrous scrap to South Korea during Aug’16, registered a downfall of 5% M-o-M against 280,470 MT exported in Jul’16. Export were down by 7% Y-o-Y, the nation exported 286,926 MT ferrous scrap during Aug’15.
Export to China Decreases by 1% M-o-M in Aug’16
Japan exported 155,519 MT ferrous scrap to China during Aug’16, witnessed a downfall of 1% M-o-M. Export were up by 24% Y-o-Y, the nation exported 157,101 MT to China during Jul’16 and 125,422 MT during Aug’15.
Export to Viet Nam Down by 16% M-o-M in Aug’16
Japan exported 117,500 MT ferrous scrap to Viet Nam during Aug’16, registered a downfall of 16% M-o-M against 139,357 MT exported in Jul’16. Export were up by 18% Y-o-Y, the nation exported 99,330 MT ferrous scrap during Aug’15.
Export to Taiwan Increases by 63% M-o-M in Aug’16
Japan exported 57,010 MT ferrous scrap to Taiwan during Aug’16, witnessed a growth of 63% M-o-M against 34,892 MT exported during Jul’16. Export increased dramatically by around 26,000% Y-o-Y, as the nation exported only 222 MT ferrous scrap to Taiwan during Aug’15.
Export to Indonesia Increases by 439% M-o-M in Aug’16
Japan exported 22,361 MT ferrous scrap to Indonesia during Aug’16, witnessed a growth of 439% M-o-M against 4,149 MT exported during Jul’16. Export were up by 406% Y-o-Y in Aug’16.
Export to Bangladesh Increases by 109% M-o-M in Aug’16
Japan exported 21,028 MT to Bangladesh during Aug’16, registered a growth of 109% M-o-M. The nation exported 10,053 MT during Jul’16. No export from the nation to Bangladesh was recorded during Aug’15.
| Types of Scrap | Aug-15 | Jul-16 | Aug-16 | M-o-M Growth | Y-o-Y Growth |
| Plate cutting | 276,164 | 370,566 | 343,913 | -7% | 25% |
| Other waste and scrap of iron or steel | 161,171 | 185,244 | 198,348 | 7% | 23% |
| Turnings, shavings etc | 78,246 | 73,604 | 92,206 | 25% | 18% |
| Waste and scrap of other alloy steels | 4,114 | 1,141 | 7,125 | 524% | 73% |
| Waste and scrap of tinned iron or steel | – | 302 | 303 | 0% | – |
| Waste and scrap of cast iron | 15 | 17 | 251 | 1408% | 1526% |
| Remelting scrap ingots | 2 | 30 | 3 | -90% | 49% |
| Grand Total | 519,713 | 630,903 | 642,150 | 2% | 24% |
Source: Japan Customs Quantity in MT
• Japan majorly export Scrap generated from Plate Cutting, the nation exported around 343,913 MT during Aug’16. Export were down by 7% M-o-M in Aug’16 against 370,566 MT exported during Jul’16. Export were up by 25% Y-o-Y.
• Japan exported 198,348 MT Other waste and scrap of iron or steel during Aug’16, registered a growth of 7% M-o-M. Export were up by 23% Y-o-Y
• Japan exported 92,206 MT ferrous scrap generated from Turnings, Shavings etc. during Aug’16, registered a growth of 25% M-o-M. Export were up by 18% Y-o-Y.
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