Japanese steel exports grew in the first 2 months of this year

According to market news, total steel exports from Japan in the first two months of this year were about 580 million tons, up 21% from the previous year.

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However, steel exports from China in the first two months of this year fell by 27% from the previous year.

Based on weak market demand, more and more Japanese steelmakers have decided to suspend production, and some of them also cut production to prevent losses, and current market prices also show that is weakening in Japan