Japan's domestic steel product orders up 1.7 percent in 2016

Tuesday, 21 February 2017 15:41:06 (GMT+3)   |   Istanbul
       

In December last year, steel product orders, including specialty steels, booked by domestic sectors in Japan amounted to 4.9 million metric tons, down 1.2 percent compared to November and rising by 9.2 percent year on year, according to the data released by the Japan Iron and Steel Association (JISF). Meanwhile, in 2016, domestic steel product orders in Japan increased by 1.7 percent year on year to 55.19 million metric tons.
 
In December, ordinary steel product orders in Japan booked by the domestic construction sector increased by 10.3 percent to 988,378 metric tons, while steel product orders including special steel orders booked by the Japanese automotive sector amounted to 1.15 million metric tons, up 6.6 percent, both on year-on-year basis. Japan's shipbuilding industry booked 344,901 metric tons of ordinary steel products in the given month, up 1.8 percent compared to the same month of 2015.

Tags: Japan Far East 

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