JAPAN'S EXPORTS OF STEEL SCRAP DECREASED BY 8.3% BETWEEN JANUARY AND MAY.

May Export Decline:  In May this year, Japanese ferrous scrap exports totaled 520,492 metric tons, marking a 12.0 percent decrease compared to 591,779 metric tons in May of the previous year.

Year-to-Date Decline:  In the January-May period, Japan exported 2.59 million metric tons of scrap, down by 8.3 percent year on year.

Top Importer - Vietnam:  Vietnam was the largest importer of Japanese scrap during this period, importing 1 million metric tons, a significant increase of 49.5 percent year on year.

South Korea Imports:  South Korea imported 702,222 metric tons of Japanese scrap in the January-May period, representing a 41.6 percent decline year on year.

Taiwan Imports:  Taiwan imported 326,854 metric tons of Japanese scrap, down by 13.6 percent compared to the same period last year.

Malaysia Imports:  Japanese scrap exports to Malaysia reached 141,327 metric tons in the January-May period, up from 129,655 metric tons in the same period of the previous year.

Overall Export Trend:  The overall trend for Japanese ferrous scrap exports shows a decline in volume both on a monthly and year-to-date basis.

Vietnam's Import Surge:  Despite the general decline, Vietnam's increased imports highlight its growing demand for Japanese ferrous scrap.