Surged Japan Import of High Carbon Steel Wire Rod

Japanese import of high carbon steel wire rod is increasing sharply in fiscal 2005 started April 2005. The import increased by 170.2% to 20,186 tonnes in April-November from same period of 2004, according to Ministry of Finance. The import could reach 30,000 tonnes for the full year to March 2006 though the import was less than 20,000 tonnes in past years. The product is used for steel rope, steel stranded wire, spring wire and other applications, which needs toughness and durability.