Tag: Japan: Steel exports rise by 1.3% in CY’23

  • Japan: Steel exports rise by 1.3% in CY’23

    Japan: Steel exports rise by 1.3% in CY’23

    In CY’23, steel exports demonstrated their initial upturn in two years, recording a 1.3% y-o-y increase to reach 32.356 million tonnes (mnt), as per data released by the Ministry of Finance. While the Asian steel market exhibited modest growth, exports to high-value markets like the EU exceeded 2 mnt annually for the first time. Non-Asian…