Japan Imports of Stainless Steel Products up by 47.4% MoM

  • Friday, March 8, 2013
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  • Keywords:stainless steel
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[Ferro-Alloys.com] According to statistics release by the Japan Iron and Steel Federation, Japan imported 20,037 ton of stainless steel products in January, soaring by 47.4% from a month ago.
 
Among them, 15,149 ton were from Korea, surging by 49.3%; 1,845 tonne were from Taiwan, rising by 46.9% and 1,489 ton 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 USD 3,218.5 per ton, falling by 8.4% month on month, caused by depreciated Japanese Yen.
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