Japan's domestic steel product orders up 31.8 percent in January-May

Wednesday, 18 July 2018 17:01:22 (GMT+3)   |   Istanbul
       

In May this year, steel product orders, including specialty steels, booked by domestic sectors in Japan amounted to 4.72 million metric tons, up 0.5 percent compared to April and rising by 6.5 percent year on year, according to the data released by the Japan Iron and Steel Association (JISF). Meanwhile, in the January-May period of this year, domestic steel product orders in Japan increased by 31.8 percent year on year to 23.51 million metric tons.

In May, ordinary steel product orders in Japan booked by the domestic construction sector increased by 7.7 percent to 942,467 metric tons, while steel product orders including special steel orders booked by the Japanese automotive sector amounted to 1.17 million metric tons, up six percent, both on year-on-year basis. Japan's shipbuilding industry booked 294,746 metric tons of ordinary steel products in the given month, down 0.9 percent compared to the same month of 2017.


Tags: Japan Far East 

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