Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Japan exported 2.75mn mt of iron and steel products in May, up 10.9pc compared with the same month last year, the latest Customs data from the country indicated. 


The nation also exported 119,896mt of non-ferrous metal goods last month, up by 4.7pc on an annual basis. During the same period, Japan’s imports of non-ferrous ores declined by 5.8pc to 729mt. Meanwhile, imports of iron ore jumped by 31.5pc in May to 8,989mt compared with the prior-year period. Motor vehicle exports reached 380,314 units last month, growing by 120pc annually.


In May, imports of manufactured iron and steel products fell by 2.5pc to 530,000mt while non-ferrous goods imports accounted for 259,092mt during the same period, up 10.2pc. Imported cars and trucks accounted for 34,596 units, up 74pc over the prior-year period.  

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