Tag: Japan Diversifies Steel Exports amid stagnant Asian market
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Japan diversifies steel exports in CY’23 amid stagnant Asian market
Japan’s steel exports continued to rise outside of Asia. Ministry of Finance trade data shows that in 2023, non-Asian countries received 30.1% of the 32.36 million tonnes (mnt) (including stainless steel) of steel exported, marking the first time since 1998 that the level reached 30%. This increase comes amid a decrease in exports to neighbouring…