Tag: Japan: Ordinary steel inventories fall m-o-m in Apr’24

Japan’s ordinary steel inventory fell by 1.7% m-o-m to 5.353 mnt in Apr’24 for the first time in four months, as reported by the Japan Iron and Steel Federation. Inventory for exports rose by 60,000 t to 1.149 mnt. This contributed to a notable increase in the overall inventory ratio for domestic and export products,…