Tag: Japan scrap exports

Japan: Ferrous scrap exports drop 23% in CY’21 as domestic steel demand recovers

Jan 31, 2022

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by

Drishya Yadav

in Melting Scrap

Japan, one of the leading ferrous scrap exporting countries, recorded 7.02 million tonnes (mnt) of overseas sales of the material in CY’21 (Jan-Dec’21) as against 9.11 mnt in CY’20, a 23% y-o-y drop, as per customs data maintained with SteelMint. The y-o-y fall in exports in CY’21 was largely due to increased domestic scrap consumption …