The Droop Rate of Japan's Steel Export

In accordance with Japan"s Ministry of Finance statistics on steel export and import, export quantity in January 2012construction waste crushing and grinding production line was two,918,000 tonnes, down by 16.1% YoY as well as down by 6.9% MoM from the prior month. It was the first time in 2 years and 7 months given that June 2009 (2,874,000 tonnes) that export quantity dipped beneath three million tonnes.Export quantity in yen in January 2012 was JPY 259.46 million, down by 11.4% YoY. Whilst, import quantity in January 2012 was 669,000 tonnes, up by 14.7% YoY and down by 10.2% MoM from the preceding month. It was the first time in four months that import dipped beneath 700,000 tonnes.Mining machinery manufacturing business would be the establishment of an independent state based industrial system, to measure a country"s industrial strength is an essential symbol.By destination of export in January 2012, export to Asia was two,274,000 tonnes, down by 20.3% YoY. Out of those, that to China was 425,000 tonnes, down by 30.2% YoY ditto exceeding the amount of 400,000 tonnes for two months inside a row, for the Asian NIEs 910,000 tonnes, down 25.7% YoY and to ASEAN 850,000 tonnes, also down 7.8% YoY.By destination to remote countries places, export to Middle East was 157,000 tonnes, up by 63.8% YoY, to Russia 21,000 tonnes, down by 48.6% YoY, to USA 169,000 tonnes, up by 18.9% YoY and to EU 22,000 tonnes, down 27.1% YoY.Even though, by country location of import in January 2012, import from Asia was 556,000 tonnes, up by 23.9% YoY. Out of these, import from China was 104,000 tonnes, up by 34.1% YoY, from the Asian NIEs 422,000 tonnes, up by 25.5% YoY and from ASEAN staying at 8,500 tonnes, down by 59.1% YoY. That from Russia was 14,500 tonnes, down by 15.9% YoY, from EU 10,000 tonnes, down 5.3% YoY and from USA 2,000 tonnes, up by 60.8% YoY.Mining machinery manufacturing business would be the establishment of an independent state based industrial technique, to measure a...