Japan: Ferrous scrap exports inch up in Mar’22

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Japan’s ferrous scrap exports rebounded 18% m-o-m in Mar’22, as per SteelMint’s customs data.
The country exported almost 590,000 t of scrap in Mar as against 500,000 t in Feb.
South Korea remained the largest importer with 330,000 t, followed by Vietnam with 103,000 t.
On a y-o-y basis, exports by Japan dropped by 16% compared to 700,900 t in Mar’21.

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