Tag: Japan: Steel inventories continue to fall

The Japan Iron and Steel Association’s preliminary supply and demand report for ordinary steel products, released on 31 January 2024, indicated a continued decline in inventories. This is positive news for the industry, suggesting that inventory adjustment is progressing steadily. Domestic market inventories: Decreased by 30,000 tonnes (t) m-o-m from November 2023 to 5,078,000 t…