Japan's Steel Exports Declined 4.2% YoY to 2.488 Million mt in January 2025

[Japan's Steel Exports Reached 2.488 Million mt in January 2025] According to data from the Japan Iron and Steel Federation, Japan exported 2.488 million mt of steel in January 2025, down 4.2% YoY. Among them, exports of ordinary steel were 1.785 million mt, up 0.1% YoY, marking the third consecutive month of YoY growth. Regarding major product exports, Japan's exports of hot-rolled wide strip steel in January 2025 were 947,000 mt (down 6.6% YoY), heavy plate 252,000 mt (up 26.1% YoY), galvanized steel sheet 161,000 mt (up 8.0% YoY), and cold-rolled wide strip steel 131,000 mt (down 0.3% YoY).

Information

 In January, Japanese steel exports decreased by 4.2% year-over-year, reaching 2.488 million metric tons, with ordinary steel exports seeing a slight increase, while hot-rolled wide strip steel exports declined. 

 

 

Overall Decline

Here's a more detailed breakdown:
  • Overall Decline:
    Japan's steel exports in January 2025 totaled 2.488 million metric tons, a 4.2% decrease compared to the same period in 2024