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19 Apr
11:11

Japanese steel orders fail to rebound in February

In February, Japanese steel orders continued to fall slowly on both month-on-month and year-on-year bases, despite a resumption in construction steel demand, according to data released by the Japan Iron & Steel Federation (JISF). The association reported monthly orders excluding trade between reporting companies at 4.729 million tonnes, down just 0.8% m-o-m and 3.3% y-o-y, Kallanish notes. Of that, domestic orders remained stable m-o-m and fell y-o-y to 2.792m…
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