Japan increased imports of stainless steel

Japan in February 2011 compared with February 2010 increased imports of stainless steel by 31,3% to 13.052 tonnes. This is illustrated by Japan Iron & Steel Federation, said Steelguru. Compared with the previous month supply stainless steel in the country decreased by 1,3%. Imports of metal from Korea in February compared to January rose by 0.1% to 10.196 tonnes. Supplies from China have decreased by 33.1%, to 612 tons, and from Taiwan - by 0,7% to 1.104 tonnes. In general, within two months from the beginning, the imports of stainless steel in Japan reached 26.28 tons, which is 12,5% more compared to the same period last year. Recall that Japan, in January 2011 compared with December 2010 has reduced imports of stainless steel by 12,4% to 13.228 tonnes. South Korea has reduced the supply of stainless steel in the country by 12,4% to 10.185 tons, Taiwan - 25% up to 1.111 tons, and China - on 0,8% to 15.095 tonnes. Ministry of Industry