Tag: import competition

Japan: Ferrous scrap exports drop 13% m-o-m in Aug’24 due to weaker demand from key markets

Oct 1, 2024

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by

Adarsh Ramteke

in Melting Scrap

In August 2024, Japan’s ferrous scrap export market experienced a notable drop in terms of volume which fell by 13% m-o-m. The volume decreased from 0.55 million tonnes (mnt) in July to 0.48 mnt in August. Despite this m-o-m decline, Japan’s scrap exports dropped 11% y-o-y, falling from 0.54 mnt in July 2023. In the…