Japanese Scrap Export Drops by 44.2% in August from July

  • Tuesday, October 7, 2008
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  • Keywords:scrap
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Japanese ferrous scrap export decreased by 44.2% to 279,000 tonnes in August compared with July, which represents decrease 2 months in a row according to Japan ferrous raw materials association.
 
Export to China decreased by 19.7% to 175,000 tonnes and to South Korea decreased by 67.9% to 81,000 tonnes while to Taiwan decreased by 5.8% to 16,000 tonnes in August from a month ago.
 
Ferrous scrap import increased by 96.9% to 98,000 tonnes in August from July. It increases for the first time in 2 months. –Japan Metal Bulletin
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