Japan’s industrial output falls 6.2 percent in February from January

Tuesday, 05 April 2016 17:45:19 (GMT+3)   |   Istanbul
       

In February this year, Japan's industrial production decreased by 6.2 percent from the previous month, showing a decrease for the first time in two months, while output fell by 1.5 percent from February last year, according to the preliminary indices of the Industrial Production report published by Japan's Ministry of Economy, Trade and Industry (METI).
 
On the other hand, in February the Japanese iron and steel production index fell by 1.8 percent year on year, while Japan's seasonally adjusted iron and steel production index decreased by 2.5 percent in February compared to January. Meanwhile, in February Japanese producers' iron and steel shipments decreased by 0.9 percent and iron and steel inventories were up by 2.5 percent, both compared to the previous month.
 
On the other hand, according to the ministry's preliminary Current Survey of Production report, in February this year Japan produced 6.4 million mt of pig iron, up 0.8 percent, 8.3 million mt of crude steel, decreasing by one percent, and 8.2 million mt of semi-finished steel, down 1.2 percent, all compared to February 2015.
 
According to the ministry's Survey of Production Forecast in Manufacturing, Japanese industrial production is expected to increase by 3.9 percent in March and to increase by 5.3 percent in April this year, both month on month. Meanwhile, Japanese iron and steel production is expected to decline 6.1 percent in March and to rise by 3.7 percent in April this year, month on month.

Similar articles

Ukraine’s Metinvest sees 65% fall in pig iron output in Jan-Sept

22 Nov | Steel News

Evraz sees lower steel output and sales in 2021 amid export duties

01 Feb | Steel News

NLMK’s crude steel output up eight percent in Jan-Sept

13 Oct | Steel News

NLMK’s crude steel output up 12 percent in Q1 from Q4

12 Apr | Steel News

Evraz’s crude steel output almost stable in 2020 despite pandemic

29 Jan | Steel News

NLMK’s crude steel output up one percent in 2020

22 Jan | Steel News

Metinvest’s pig iron output up five percent in Jan-Sept

04 Nov | Steel News

Metinvest’s Q2 output results hit by Covid-19, some support from iron ore and pig iron demand

06 Aug | Steel News

China’s apparent crude steel consumption up four percent in Jan-May

08 Jul | Steel News

Kardemir registers net loss in H1

20 Aug | Steel News