August Japan export 3.727 million tons of steel, increased 2.4% qoq

Japan Iron and Steel Federation (JISF) released the latest data show, August 2013, Japan's steel export 3,727,000 tons, exports is 3.547 billion dollars, about 349.3 billion yen. Compared to last year, steel exports increased 1.3%, exports fell 10.8% in U.S. dollars, for 15 consecutive months of decline; Growth of 11.9% in Japanese yen, for three consecutive months of growth. Compared with July, steel exports grew 2.4% and exports increased 0.6% in U.S. dollars, an increase of 0.2% in Japanese yen.

According JISF statistics, August Japanese ordinary steel exports 2,435,000 tons, 1.9% qoq.

Look from the varieties of steel, hot rolled coil export of 1.007 million tons, up by 14.1%, qoq 6.1% for 18 consecutive months higher than the level a year earlier; Welded steel pipe export 79,000 tons, up by 45.8%, 31.8% qoq, four months for the first time higher than a year ago; Electrical steel export volume of 67,000 tons, an increase of 6.9%, reduced 0.7% qoq, two months for the first time higher than a year ago; Wire rod export 62,000 tons, up by 29.8%, qoq 16.9%, 9 consecutive months higher than year-ago levels; Steel bars export 29,000 tons, an increase of 11.4%, reduced 24.9% qoq, four months for the first time higher than a year ago; Galvanized steel export volume is 373,000 tons, representing a decrease of 9.7%, qoq 7.9%, for four consecutive months below the level of last year; Cold rolled steel export 264,000 tons, representing a decrease of 13.3%, 0.2% qoq, for three consecutive months below the level of last year; Plate export 257,000 tons, reduced 15.1%, decreased 6.9% qoq, for seventh consecutive month below the level of last year; Steel section export 70,000 tons, reduced 11.9 percent year on year, decreased 34.3% qoq, two months for the first time below the level of last year; Seamless steel pipe export 53,000 tons, down 7.5 percent year on year, decreased 8.4 percent qoq, three months the first time lower than the level of last year.

Look from the exporting countries, Japan exports to South Korea 673,000 tons, ranking the first, drop 3.6 percent; Japan export to China 500,000 tons, drop 5.2 percent, four consecutive months below the level of last year; Exported to Thailand 496,000 tons, up 1.5%, two months the first time higher than the same period of last year; Exported to Taiwan 312,000 tons, up 5.0%, 3 consecutive months higher than year-ago levels; Exported to American 237,000 tons, up 27.4 percent, higher than the same period last year for two consecutive months.

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