SteelMint

Tag: Japan Scrap Export

  • Japan: Ferrous scrap exports up 23% m-o-m in Apr’21

    Japan: Ferrous scrap exports up 23% m-o-m in Apr’21

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    by

    Deepika Singh
    in

    Japan, one of the largest ferrous scrap exporting countries, recorded 0.86 million tonnes (mn t) of overseas sales of the material in Apr’21, as against 0.7 mn t in Mar’21 up 23% month on month (m-o-m), as per customs data maintained with SteelMint. The exports increased despite higher domestic demand and surging freight rates. However,…