Japan’s Total Steel Export Down 1%; Import by 12% Y-o-Y

Japan is the second largest steel producing nation after China with crude steel production of more than 100 MnT. However due to intentional steel crisis, country’s crude steel production have fallen by 5% from 110.7 MnT in 2014 to 105.2 MnT in 2015.

In case of flat steel products, Japan’s CRC production fell by 8.32% followed by HRC and plates production.

Japan’s Crude Steel Production in 2014 & 2015

Quantity in MnT

As per Japan’s customs data, country’s total steel exports are recorded at 41.64 MnT for 2015 down by 1.04% against previous year. Japan’s highest steel export of 6.63 MnT was made to Korea followed by China of 5.36 MnT and to Thailand of 5.21 MnT.

However Japan’s total steel imports in 2015 were down by 11.59% from 49.08 MnT in 2014 to 43.39 MnT in 2015.

Japan’s Steel Export & Import in Last 4 Years

Quantity in MnT

Japan’s Flat Steel Export-Import

Country’s total flat steel export for year 2015 are recorded at 18.88 MnT up by 10.73% against 2014 whereas imports stood at 3.06 MnT down by 10% against previous year.

Japan’s HRC exports in 2015 increased by 14.6% followed by increase in CRC by 4.24% and HR plates by 1.18%. However its import for HRC plunged by 5.81% CRC imports fell by 18% and plates import by 13.24%.

Japan’s Steel Export and Import in 2014 & 2015

Quantity in MnT

Japan’s Export-Import from India

Japan’s total steel exports to India in 2015 stood at 2.48 MnT which was 1.62 MnT in year 2014. However Japan’s steel imports from India stands to be very low at just 806 MT in 2015.

Japan’s Steel Export-Import to India in Last 4 years

Quantity in Metric Tonnes