Tag: Japan: Ferrous scrap exports decline 10% in 5MCY’26 as Vietnam buying weakens

Japan’s scrap exports drop over 10% y-o-y in Jan-May’26; over two-thirds head to Vietnam and Bangladesh

Jul 11, 2026

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by

Ramavath Mounika

in Melting Scrap

Vietnam shifts procurement towards domestic scrap Above 65% of scrap exports shipped to Vietnam and Bangladesh Japan’s ferrous scrap exports declined to 0.58 mnt in May 2026, down 11% m-o-m and 8.1% y-o-y, extending the downward trend as demand weakened across key Asian markets. During 5MCY’26, cumulative exports fell 10% y-o-y to 2.86 mnt, according…