Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list

Japan's March steel exports rise 18% on month as production recovers

Metals | Steel | Raw Materials

India's steel sector: turning a corner or facing more hurdles ahead?

LNG | Natural Gas | NGL

Platts LNG Alert

Commodities | Agriculture | Energy | Metals | Shipping

Philippines Commodity Market Insights Forum

Oil | Metals | Steel | Shipping

COVID-19: Standoffs emerge in dry bulk freight fixture talks over infectious disease clause

Japan's March steel exports rise 18% on month as production recovers

Tokyo — Japan's steel exports rose 18.3% in March to 2.77 million mt from February, as the country's steel mill production recovered by April but fell 17.9% year on year to 2.77 million mt, latest data released by the Japan Iron & Steel Federation showed.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

Integrated mills in Japan have returned to normal production by early April, a JISF official said, so he expected the mills would have more availability for exports. "But domestic demand has been firm, so exports won't jump," he said.

Ordinary steel exports fell to 1.85 million mt in March, down 16.6% year on year but up 24.6% from February. While, exports of special steel were at 599,153 mt in March, down 15.6% on year but up 4.6% on month.

Exports of hot-rolled coils were at 754,962 mt, down 20.2% year on year, but up 30% from February. "But it is improving clearly on month, we can say integrated mills are trying to catch up [with] the delay in their exports," a Tokyo-based trader said.

Meanwhile, Japan's steel exports during fiscal 2018, ending in March was at 3.47 million mt, down 8.1% from a year earlier, its sixth consecutive of decline year on year.

During its fiscal 2018, HRC exports were at 9.56 million mt, down 16.1% year on year, galvanized sheet exports were lower 5.6% on year to 2.61 million mt.

Exports of CRC slid 3.4% on year to 2.35 million mt.

Plate exports rose 22.5% on year to 2.78 million mt, because exports in the previous year were lower following temporary closure of Oita plate mill at Nippon Steel in January 2017.

-- Yoko Manabe,

-- Edited by Nurul Darni,