Japan: Steel billet exports rise 18%, m-o-m, in May’22

  • Japan’s steel billet exports rose by 17.99% m-o-m in May’22 to 0.26 mnt from 0.22 mnt in Apr’22, as per data recently released by customs.
  • South Korea was the largest importer with 0.13 mnt, followed by Taiwan and Thailand with 0.07 mnt and 0.05 mnt, respectively.
  • However, export volumes fell by 12% to 1.15 mnt y-o-y in Jan-May’22 as against 1.30 mnt in the year-ago period.

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