Japan iron and steel production in FY2012
According to preliminary trade statistics from the Ministry of Finance, Japan customs cleared exports of iron and steel products totaled 43,417,000 tonne in fiscal 2012, up 9.6% from a year ago, when they stood at the second highest level after a record 43,630,000 tonne of total exports in fiscal 1999.
Among main destinations, Asia accounted for 34,592,000 tonne, up 9.6% from a year ago.
In Asia, China took 5,931,000 tons, down 7.1%; NIEs 13,184,000 tonne, up 2.3%; and ASEAN 13,614,000 tonne, up 22.8%.
In other areas, the USA accounted for 2,280,000 tonne, up 9.9% from a year ago; the Middle East 1,868,000 tonne, up 15.6%; the EU 330,000 tonne, down 19.3%; and Russia 190,000 tonne, down 30.2%.
Meanwhile, Japan's customs cleared imports of iron and steel products totaled 7,452,416 tonne in fiscal 2012, down 7.9% from a year ago, indicate preliminary trade statistics from the Ministry of Finance.
In the breakdown by main sources, China supplied 1,155,770 tonne, down 16.6% from a year ago; Asian NIEs 4,677,917 tonne, down 1.3%; ASEAN 112,204 tonne, down 31.3%; Russia 183,329 tonne, down 30.2%; the EU 137,571 tonne, up 7.5%; the USA 17,124 tonne, up 6.1%; and the Middle East 1,053 tonne, down 94.1%.
Source - The TEX Report