Trade Resources Economy Japan Imported Stainless Steel Products in January,Soaring by 47.4% From a Month Ago

Japan Imported Stainless Steel Products in January,Soaring by 47.4% From a Month Ago

According to statistics release by the Japan Iron and Steel Federation (JISF), Japan imported 20,037 tons of stainless steel products in January, soaring by 47.4% from a month ago.

Among them, 15,149 tons were from Korea, surging by 49.3%; 1,845 tons were from Taiwan, rising by 46.9% and 1,489 tons were from China, jumping by 76%, all compared to the figures in a month earlier.

In January, the country’s import prices of stainless steel products averaged at US$3,218.5/ton, falling by 8.4% month on month, caused by depreciated Japanese Yen.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63309&division=A1
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Japan's Imports of Stainless Steel Products Surge by 47.4% M-O-M in January
Topics: Metallurgy