Tag: Japan Scrap Export
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Japan: Scrap exports drop in May’21 m-o-m on firm domestic demand, freight concerns
Japan, one of the world’s leading ferrous scrap exporters, registered a significant drop in volumes in May’21. The exports volumes dropped to 0.68 million tonnes (mn t) in May’21 against 0.86 mn t in Apr’21, as per customs data maintained with SteelMint. The key reasons behind fall in exports: Fewer export deals were noticed due…