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20 Jul
07:14

Japan’s steel sales soar in May

Japan’s carbon steel sales soared 37.1% year-on-year to some 5.03 million tonnes in May, of which 3.22mt and 1.8mt were sold at home and abroad respectively, Kallanish learns from data released by the Japan Iron & Steel Federation (JISF). The sales increase was based on steady growth in demand and the low base for comparison a year ago, a JISF official comments. However, sales were down 6% on-month due to long holidays which paused trading at the st…
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