Tag: Japan: Steel demand remains strong while exports see downturn

  • Japan: Steel demand remains high while exports see downturn

    Japan: Steel demand remains high while exports see downturn

    Japan’s steel product orders rose by 2.9% y-o-y to 2,862,000 tonnes (t) in January, according to supply and demand data released by the Japan Iron and Steel Federation (JISf) on 18 January. This marks the fourth consecutive month of y-o-y growth, indicating good demand. Strong construction sector demand While sales in sectors like automobiles slowed…