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According to statistics release by the Japan Iron and Steel Federation (JISF), Japan exported 76,361 tons of stainless steel products in January, falling by 14.4% from 89,259 tons in a month ago. 

Among them, 11,745 tons were exported to China, increasing by 25.9% month on month; 16,617 tons were to Korea, falling by 20.8% and 10,920 tons were to Taiwan, rising by 46.3%, all compared to those in a month ago.

In January, the country’s export revenues generated by stainless steel products amounted to US$277.9 million. The average prices were at US$3,639/ton, falling by 14.8% month on month.