Latest update: April 2024 

The use of metals has been expanded and perfected in the Japanese industry, which is searching for materials that allow the capabilities of the IoT and its Society 5.0 to be developed. At the same time, compliance with pollution reduction measures will make the government take new steps to protect its resources and, at the same, time trying to reduce the use of them towards a greener economy.

In the press release of 2022, the Ministry of Economy, Trade and Industry (METI) recognizes the metal market as fundamental for Japan’s economy and local economy. The material industry, including metal, represents more than 20% of manufacturing industry’s GDP. Moreover, the establishment of factories is said to play an important role for the local economy. In one of the largest manufacturing cities, Muroran, in Hokkaido, iron and steel industry amounts for 76 % of total manufacturing product sales. At the fundamental level, material market, notably metal, is perceived as the base of competitiveness of any other industry.

METI, 4th People Investment Working Group Agenda, Document 1-4-1, “Current Situation of the Steel Industry”, 2022


Table of Contents

  • Overview
  • Steel
    • Market Overview
    • Competitiveness
    • Green strategy: 2050
    • IoT through steel
  • Aluminium
    • Market overview
    • Green strategy: 2050
  • Rare earth and metals
    • Market overview
    • Rare earth magnets
    • Government Strategies
      • Diversification
      • Legal measures
      • Urban mining
  • Further Reading
  • Relevant Organisations and Trade Fairs
Please log in for full access
Subscribe to
our newsletters

The EU-Japan Centre currently produces 5 newsletters :

  • EU-Japan NEWS - our flagship newsletter covering the Centre's support services, information about EU (or Member States) - Japan cooperation
  • Japanese Industry and Policy News
  • “About Japan” e-News (Only available for EU companies / EU organisations)
  • Japan Tax and Public Procurement Weekly Tender Digest (Only available for EU companies / EU organisations)
  • Tech Transfer Helpdesk Newsletter
1 EUR = 169,546 JPY