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16 Nov
11:36

Japanese steel orders bottom out in September

Japanese ordinary steel product orders in September dropped slightly from the previous month, but the year-on-year rate of decline slowed, according to data released by the Japan Iron & Steel Federation (JISF). September orders excluding trade between reporting companies amounted to 4.812 million tonnes, losing just 0.7% month-on-month and 2.5% y-o-y, Kallanish notes. Unlike in August, domestic consumption remained stable while exports dropped faste…
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