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Tag: Japan: Steel exports increase by over 8% y-o-y in May

  • Japan: Steel exports increase by over 8%, y-o-y, in May

    Japan: Steel exports increase by over 8%, y-o-y, in May

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    by

    Suyash Jain
    in

    Steel exports by Japanese mills increased by 8.7% y-o-y to 2.99 million tonnes (mnt) in May 2022, as per data released by the Ministry of Finance, Japan. An upward trend in the global market, depreciation of Japanese Yen (JPY) and adjustment of inventory in the domestic market led to the rise in exports last month.…