Tag: Japan scrap exports

Japan: Ferrous scrap exports fall by 26% in Nov’20 on increased domestic scrap consumption

Jan 4, 2021

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by

Rashi

in Melting Scrap

Japan – the world’s leading ferrous scrap supplier observed a decline by 26% m-o-m and stood at 0.66 mn t in Nov’20, as per data recorded with SteelMint. Sharp increase in domestic scrap consumption on improved steel demand resulted in a drop in Japanese scrap exports. Japan’s crude steel production increased to 7.26 mn t in Nov’20 compared with 7.2 mn t in Oct’20. …