Japan's domestic steel product orders down 6.5 percent in March

Thursday, 14 May 2015 15:59:35 (GMT+3)   |   Istanbul
       

In March this year, steel product orders, including specialty steels, booked by domestic sectors in Japan amounted to 4.5 million metric tons, down 6.5 percent compared to March 2014, according to the data released by the Japan Iron and Steel Association (JISF). Meanwhile, in the January-March period of the current year, domestic steel product orders in Japan decreased by 6.2 percent year on year to 13.5 million metric tons.
 
In March this year, steel product orders in Japan booked by the domestic construction sector decreased by three percent to 1.01 million metric tons, while steel product orders booked by the Japanese automotive sector amounted to 966,177 metric tons, down 6.2 percent, both including special steel and on year-on-year basis. Japan's shipbuilding industry booked 334,741 metric tons of steel products in the given month, up 0.6 percent compared to March 2014.

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