Japanese crude steel output down 3.2 percent in August from July

Wednesday, 27 September 2023 13:57:33 (GMT+3)   |   Istanbul
       

In August this year, Japanese crude steel production was down by 3.2 percent compared to the previous month and by 2.9 percent compared to August 2022, totaling 7.15 million mt, according to the data released by the Japan Iron and Steel Federation (JISF).

Meanwhile, in the given month Japan’s pig iron production totaled 5.38 million metric tons, down by 1.9 percent compared to the previous month and by 0.7 percent year on year.    

In the January-August period this year, the country’s crude steel output stood at 58.36 million metric tons, down by 3.8 percent, while its pig iron production came to 42.45 million metric tons, falling by 2.9 percent, both on year-on-year basis.    

The production volume of some steel products in Japan can be seen in the chart below: 

Product    

August 2023 (mt)    

M-o-m change (%)    

Y-o-y change (%)    

Hot rolled section    

380,600    

+4.0    

-11.5 

Bar    

572,600  

-16.1  

-3.7 

Wire rod    

106,900    

-3.1    

-3.5   

Heavy plate    

748,000    

+0.2    

+6.3  

Hot rolled wide strip    

3,061,300    

-2.9    

+12.9    

Cold rolled wide strip    

1,206,100    

-3.0  

+1.8   

Galvanized sheet    

695,600    

-3.5 

+1.9   

Welded pipe    

236,300    

+0.8  

-4.0    


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