Japan: Ferrous scrap exports down by nearly 15% y-o-y in CY’22

  • Japan’s scrap exports dropped by 14% to 6.07 mnt in CY’22 compared to 7.02 mnt in CY’21, as per SteelMint’s data.
  • South Korea continued to be the largest importer at 3.06 mnt followed by Vietnam and Taiwan at 1.31 mnt and 0.60 mnt, respectively.
  • Japan’s scrap exports fell by 12% to 424,545 t in Dec’22 compared to 480,617 t in the previous month.

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