Japan: Ferrous scrap exports fall by 6% on month in Nov’21

  • Japan has registered a 6%, m-o-m, decline in ferrous scrap exports in Nov’21, as per latest data available with SteelMint.
  • The country exported 0.46 mn t of scrap in Nov’21 against 0.49 mn t in Oct.
  • South Korea was the largest importer with 0.23 mn t, followed by Vietnam with 0.17 mn t.
  • On a y-o-y basis, Japan exported 6.55 mn t in Jan-Nov’21, down 22% against 8.38 mn t in Jan-Nov’20.

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