Japan steel exports continue to grow
Japan's Ministry of Finance has published data on exports of stainless steel. According to them, the volume of exports of stainless steel from the beginning of the new year continues to grow. To date, the number of exported steel is not too exaggerated relative to the December 2014 figures. In January 2015, the volume of stainless steel exports reached 86,504 tons. This is 2.9% more than the 84,066 tons exported in December.
The leading consumer of Japanese stainless steel products to China. Exports in this area reached 18,275 tons. This figure is more than 21% of the total monthly volume exported from Japan stainless steel. However, compared to the amount exported in December 2014 China's stainless steel indices fell by 20.2%. The second place is occupied by South Korea. In this area of Japan were exported 15 089 tons of products. Compared to December, an increase of 28.2%. Next is Taiwan, which imported 10,137 tons of Japanese stainless steel. In this performance the previous month fell by 9.3%. The cost of production of export stainless Japan in January 2015, reached 3770 USD / ton. Compared with the December figures, prices decreased by 0.6%. The total income from the export of stainless steel in January amounted to 326.12 million. USD.