Japan's CR steel strip shipments up 11.3% in October from September

Monday, 12 December 2016 16:58:12 (GMT+3)   |   Istanbul
       

In October this year, Japan's cold rolled sheet and strip shipments increased by 11.3 percent compared to the previous month and were up by 11.1 percent on year-on-year basis, amounting to 550,000 metric tons. 47.8 percent of shipments were made to the domestic market, while the remaining 52.2 percent were made to the export markets, according to the Japan Iron and Steel Federation (JISF) data. 
 
Meanwhile, in the given month, Japan's CR sheet and strip inventories decreased by 4.1 percent from the previous month to 712,000 metric tons and were up 3.9 percent year on year. 74 percent of inventories were held by steel manufacturers, while 26 percent were held by steel traders.
 
In October, Japan's CR sheet and strip production amounted to 520,000 mt, up 8.5 percent month on month and increasing 13.5 percent year on year.

Similar articles

Ex-China CRC offer prices fail to recover amid futures price drop

27 Mar | Flats and Slab

CRC consumption in Mexico up 23.4 percent in January

26 Mar | Steel News

CRC import price offers stable in Brazil

25 Mar | Flats and Slab

Indian CRC prices stable amid thin trading and negative manufacturing outlook

25 Mar | Flats and Slab

Stocks of main finished steel products in China down 0.6 percent in mid-March

25 Mar | Steel News

US flats source believe HRC prices are “at or near the bottom”

22 Mar | Flats and Slab

Romania’s sole flats mill cuts HRC prices, raises HDG and PPGI prices

22 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 12, 2024

21 Mar | Flats and Slab

Turkey’s coated steel export prices weaken

20 Mar | Flats and Slab

Ex-China CRC prices decline but outlook more positive amid futures recovery

20 Mar | Flats and Slab