Tag: Japan: JSIF forecasts stagnant steel consumption in FY’24

  • Japan: JISF forecasts stagnant steel consumption in FY’24

    Japan: JISF forecasts stagnant steel consumption in FY’24

    Japan Iron and Steel Federation’s (JISF) FY’24 forecast expects total steel consumption to stay flat at 52.55 million tonnes (mnt) compared to FY’23. The combined use of ordinary and special steel is forecast to decline by 0.3% compared to 2023. In addition, both ordinary and special steel consumption are projected to stagnate in FY’24, marking…