Japanese ferrous scrap export increased to 734,000 tonnes in August 2006 over the last month, which third level in monthly. However, the export decreased from a month ago for South Korea and Taiwan, while broke at 70,000 tonnes for 2 consecutive months. The export increased by 4.6% to 5.298 million tonnes in January-August 2006 from same period of 2005, according to Ministry of Finance. The export is continuing high pace at 8 million tonnes per year that the export could exceed higher record at 7.585 million tonnes. The export increased by 1.9% from a month ago and by 9.2% from a year ago, which the export for South Korea increased for 3 months from a year ago, and which for Taiwan increased for 6 months. The export for China decreased by over 100,000 tonnes, while increased from last year, and was high-record in this year, and exceeded for South Korea since February 2006. The export to South Korea decreased to 245,000 tonnes by 11.6% from a month ago and increased by 90.7% from a year ago. The export to China increased to 282,000 tonnes by 4.8% from a month ago, while decreased by 30.3% from a year ago, and decreased for 3 months. The export to Taiwan decreased to 145,000 tonnes by 5.5% from a month ago, while increased by 13.9% from a year ago, and is continuing at 100,000 tonnes per month after March 2006. The export to other country increased to 69,000 tonnes by 137.9% from a month ago and by 280.9% from a year ago.
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Japan Steel Scrap Composite Prices (Sangyo Press)
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