Japanese steel export up by 2.9pct YoY in June 2012


02/08/2012 11:27 AST  Steelguru

The Ministry of Finance of Japan released on July 25th 2012 statistics on steel export and import (preliminary) in June 2012. According to this, export quantity in June 2012 was 3,581,000 tonnes, up by 2.9% YoY and down by 10.7% MoM. Its export amount in yen was JPY 304.661 billion, down by 5.8% YoY. While, import quantity in June 2012 was 619,700 tonnes, down by 12% YoY and also down by 9.8% MoM.

By destination of export in June 2012, export to Asia was 2,885,000 tonnes, up by 2.5% YoY. Out of these, that to China was 493,000 tonnes, down by 14.8% YoY, to the Asian NIEs 1,152,000 tonnes, down by 1% YoY and to the ASEAN 1,128,000 tonnes, up by 19.8% YoY.

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