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22 Jun
10:27

Japan’s steel consumption weakens in April

In April this year, the consumption of Japan’s ordinary steel products weakened in both domestic and overseas markets due to slowly falling demand, according to the Japan Iron & Steel Federation (JISF). Grand total consumption stood at 5.32 million tonnes in April, down 5.1% from March and 2.4% on-year, Kallanish notes. Of that, exports rose 2.4% on-year to 2.11mt but domestic consumption was down 4.8% at 3.13mt, including intra-traded volumes among…
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