Japan reduces exports of scrap metal

Nov 5, 2019 Новини

In June 2013, significantly reduced the volume of Japanese exports of black scrap, which amounted to 669 thousand tonnes compared to may this year, a drop of export of scrap supply was 14%. Such information was published by the Ministry of Finance of Japan.
More than half of the exports were shipped to South Korea – 366 thousand tonnes, which is below the level in may to 13.7%. China bought 199 thousand tonnes of Japanese scrap (- 5,5%), Vietnam 58 thousand tons (-26,1%).
Total Japanese exports of scrap in the first half of 2013 amounted to 4,764 million tons, which is 16,7% higher than for the same period in 2012.
The Japan's Ministry of Finance predicts that in 2013 the volume of export of scrap from the country will be at 9.53 million tons, according to IMS "metal supply and sales".

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