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Japanese ferrous scrap exports rose by 28pc in June from May to 883,157t, boosted by increased price competitiveness against US exports in Asia.

Of the 4.64 million tonnes of total steel exports, Vietnam and China bought 1.4 million tonnes and 1.3 million tonnes of steel respectively.

From January to July 2020, China's exports of ferrosilicon (silicon content ≤ 55% by weight) were 11137.925 tons.

China's exports of ferrosilicon (>55%) down 47.89% YoY.

China's exports of ferrosilicon (≤55%) down 35.3% YoY in July.

China's exports of ferrosilicon (≤55%) down 27% YoY in Jan-Jul.

Japan's steel export volume was 2.429 million tons in June, down 16.7% year-on-year and 3.1% month on month.

The sharp decline, said the Mongolian Customs General Administration, is largely due to the COVID-19 pandemic.