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18 Aug
10:15

Japanese steel orders remain weak in June

Japanese steelmakers’ orders remained down on-year in June despite a rebound from May, according to data from the Japan Iron & Steel Federation (JISF). Among the major downstream industries, only shipbuilding consumed more steel than in the same period last year. In June, total orders were up 4.4% month-on-month but down 11% year-on-year at 4.703 million tonnes, excluding intra-trade among reporting companies. That left orders over the fiscal year s…
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