According to the Japan Iron and Steel Federation (JISF), in the first half of this year, Japan’s steel exports amounted to approximately 15.3 million tons, a year-on-year decrease of 2.8%.

Among them, exports to Thailand accounted for the largest proportion, totaling 2.1 million tons, rising by 2% year on year. South Korea ranked second with about 1.9 million tons, a year-on-year reduction of 21%. Exports to China and Taiwan were around 1.2 million tons and 1.1 million tons, down by 18% and up by 17% year on year, respectively.

In June alone, Japan exported around 2.5 million tons of steel products, slightly dropping by 0.2% compared to the previous month and by 3% from the same month a year ago.