According to statistics released by Japan’s Ministry of Finance, Japan’s scrap export during January to October 2009 period was 8.3 million tonnes, up by 76% YoY. The scrap export during 2009 is estimated to reach 9.97 million tonnes.

The main importers of Japan’s scrap are China and South Korea. China
imported about 4.4 million tonnes of scrap during January to October,
and South Korea imported about 3.31 million tonnes. China’s scrap
import from Japan grows to more than double from last year.

Source: YIEH.corp

Search to find what you want

• China consumes 80 million tonnes of scrap in 2009

    According to Mr Yan Qiping the general secretary of the China Association of Metalscrap Utilization, China approximately consumes 80 million tonnes of steel scrap in 2009. In 2009, China scrap consumption totaled to about 80 million tonnes with the total transaction volume to CNY 200 billion calculated by unit price

• China is 10 million tonnes of steel scrap shortage, association –

    China has a steel scrap shortage of about 10 million tonnes, according to an analysis by the Chinese Steel Scrap Association. In the first half of the year China produced 267 million tons of crude steel, and for the whole year is estimated to see an overall crude steel output

• Majority scrap load port terminated

    The biggest cargo of scrap metal to leave Wellington headed out of CentrePort yesterday, but some of it may eventually end up back in New Zealand.

• China scrap copper output seen peak of 2014

    China’s locally-produced copper scrap is expected to peak as early as 2014, a director at powerful industry body the China Nonferrous Metals Industry Association, said on Sunday. “Another five to six years, the collection of copper scrap domestically would enter into the peak period,” Lu Jian, director of the information

• Scrap price index debut

    China will launch its first scrap price index on the Nanning (China-ASEAN) Commodity Exchange in March this year, which steel insiders claim would help both China, the world’s largest scrap consumer, gaining dominance in the price-setting for scrap worldwide and domestic steelmakers fixing their costs and reducing business risks through

• East Asian steel scrap and pig iron imports continue to rise offer

    The tight supply and increasing spot ore price propelled the import offer of East Asia scrap steel and pig iron to climb continuously. Presently the price of No.1 and No.2 heavy scrap stands at U.S.$360-365 per ton (CFR) and the offer of pig iron increases to U.S.$380-390 per ton (CFR).

• Steel scrap imports zoom in Zhangjiagang port

    Metal Biz quoted according to the statistics of Zhangjiagang Inspection and Quarantine Bureau, the imported scrap steel amounted to 3.35 million tonnes in January to November at Zhangjiagang port valued USD1.1 billion up by 598%YoY and 267%YoY respectively. As per report, the explosive growth of imported scrap at Zhangjiagang attributed

• Copper exports to Japan

    Japan, one of the big economies hit5 by the global recession, is slowly coming back on tract with the growth rates coming to positive level and this was visible in its metal export figures also. According to reports, Japan’s refined copper exports climbed up around 54% in July from a year

• Copper exports to Japan

    Japan, one of the big economies hit5 by the global recession, is slowly coming back on tract with the growth rates coming to positive level and this was visible in its metal export figures also. According to reports, Japan’s refined copper exports climbed up around 54% in July from a year

• Recession hits steel scrap supply in 2009, 2010

    Global scrap supply will fall in 2009 as the economic downturn hits recycling activity and next year the developed world’s recovery will be key for scrap availability, the UK arm of one of the world’s largest metal recyclers said. “Over the last year, the scrap arisings in the UK and

• South Korean import iron ore, 7 months to 24pct

    It is reported that Korea’s iron ore imports totaled 21.92 million tonnes during January to July 2009 down by 23.5% YoY. Among them, non sintered iron ore import was 18.87 million tonnes, down by 32% YoY; iron ore sinter import was 3.052 million tonnes up by 3.4 times than the

• China steelmakers edition of SBQ plates decreases by 31 percent

    According to the statistics of Mysteel, China steelmakers produced 14.0653 million tonnes of ship plates in all last year down by 30.6% or losing 6.202 million tonnes from 2008. Industrial experts noted that under the hit of global financial crisis, international demand shrunk in 2009 accordingly, China ship plate export

• U.S. prices for steel scrap uptrend

    Recycling Today reported that given the huge declines in US construction and auto manufacturing over the past year, the recent rise in steel scrap prices may lead many to scratch their heads with surprise. According to the American Iron & Steel Institute, domestic raw steel production hit its weekly high

• EU steel scrap export price at first inclined since early September

    As Turkey steel mills return back market to purchase, EU scrap steel export price firstly increased since early September. The export price of EU No.1 and No.2 mixed heavy scrap (80:20) boosted from U.S.$224-230 per ton to U.S.$235-240 per ton.

• Vietnam: Steel producers see shortages of raw materials

    Vietnamese-owned ingot steel factories lack a sufficient amount of scrap steel to continue production at high levels, according to the Ministry of Industry and Trade. Pham Chi Cuong, chairman of the Viet Nam Steel Association, said current scrap steel volume only meets about 10 per cent of the domestic production. Steel ingot