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Tag: Japan: Steel exports largely stable y-o-y at nearly 17 mnt in H1CY’22

  • Japan: Steel exports largely stable, y-o-y, at nearly 17 mnt in H1CY’22

    Japan: Steel exports largely stable, y-o-y, at nearly 17 mnt in H1CY’22

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    by

    Suyash Jain
    in

    Japan’s steel exports stood at 16.77 million tonnes (mnt) in the January-June 2022 period. Imports stood at around the same level compared to the year-ago period. Currency depreciation and slow domestic industrial demand resulted in firm export volumes. The Japanese currency depreciated to JPY 138 against the USD. Meanwhile the automotive industry’s output declined, weighing…