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Print[Ferro-alloys.com] The Ministry of Finance of Japan released import and export of steel products (preliminary) in November, 2013. According to this, Japan's export quantity of steel products was 3,360 thousand tons (abbreviated as t/t), slightly up 1.5% from the previous month and down 4.5% from the same month last year. Its export amount in the yen was 301.8 billion, up 15.4% from the same month last year contributed by the weak yen. While, steel import in November was 756 thousand tons, up 6.7% from the previous month for two months in a row which recorded the level of 700 t/t and also up 23.1% from the same month last year.
By destination of steel export in November, export to Asia was 2,629 thousand tons, down 6.6% from the same month last year. Of these, that to China was 513 thousand tons, down 4.3% ditto, that to the Asian NIEs was 1,088 thousand tons, up 6.2% ditto, and that to the ASEAN was 953 thousand tons, down 17.6% ditto.
For the remote regions/countries, that to Middle East was 152 thousand tons, down 3.1% ditto, that to Russia was 4 thousand tons, down 69.4% ditto, that to the EU stayed at 18 thousand tons, down 31.6% ditto, and that to the USA was 165 thousand tons, up 17.9% ditto.
By country/region of steel import in November, import from Asia was 626 thousand tons, up 12.3% from the same month last year. Out of these, that from China was 99 thousand tons, largely down 25.6% ditto dipped below 100 thousand tons. It had been since March this year (89 thousand tons) that import from China had dipped below 100 thousand tons. That from the Asian NIEs was 496 thousand tons, up 24.1% ditto, and that from the ASEAN was 11.2 thousand tons, up 22.9% ditto. That from Russia was 39.0 thousand tons, up 71.8% ditto, and that from the USA was 0.9 thousand tons, down 43.9% ditto.
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