Tag: Japan: Ordinary steel demand declines y-o-y in Mar’24

  • Japan: Ordinary steel demand declines y-o-y in Mar’24

    Japan: Ordinary steel demand declines y-o-y in Mar’24

    The Japan Iron and Steel Federation (JISF) reported a 4.8% y-o-y decrease in domestic orders compared to March 2023. This decline, totalling 2.992 million tonnes (mnt), comes after a steady increase since September of last year. Orders for steel products in Japan fell in March for the first time in six months, reflecting a slowdown…