Tag: Japan’s steel exports to hit decadal low in 2022

Japan’s steel exports were at highest levels of 37.75 mnt 2008 and export offers that time for hot-rolled coils (HRCs) were around $1000/t. But offers started plummeting to $400-500/t levels after the lehman brother crisis, which took place in September 2008. Since 2008, export volumes have declined by about 6 mnt to 31.5 mnt in…