Japan’s crude steel output down 4% in January

Japanese steelmakers churned out 4% less crude steel in January than in the corresponding month last year.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

Crude steel production in the country totalled 9.02 million tonnes during the first month of 2015, with both blast furnace and electric arc furnace (EAF) operators registering year-on-year falls, the Japan Iron & Steel Federation (JISF) disclosed late last week.

Blast furnace steelmakers recorded a 3.6% drop in output to 7.09 million tonnes, while EAF mills produced 5.3% less, at 1.92 million tonnes.

This is the fifth consecutive fall on a yearly basis since output volumes started dropping in September.

Japan’s finished steel production also fell 3.9% year-on-year to 8.07 million tonnes last month.

Carbon steel output dropped 4.3% to 6.39 million tonnes while that of speciality steel slid 2.7% to 1.68 million tonnes.

In terms of carbon steel products, hot rolled wide strip production fell 3.7% to 3.82 million tonnes, while that of cold rolled strip saw a 7.9% tumble to 1.66 million tonnes.

Galvanized sheet output fell 6.9% year-on-year to 996,100 tonnes while that of heavy plate dropped 5% to 892,500 tonnes.

Light bar output was down 9.2%, at 664,900 tonnes, while H-beam production fell 4% to 335,400 tonnes.

What to read next
A 120-day closure of four Illinois dams scheduled for 2023 will disrupt barge shipments and have potentially both negative and positive impacts on scrap and finished steel products from Canada to Texas
Market participants are cautiously optimistic about a rebound in iron ore concentrate premiums, with steelmakers around the world set to ramp-up production in line with an anticipated increase in demand for steel products, Fastmarkets understands
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
Electrolysis processes developed by Boston Metal and Electra that eliminate the need for coal in steel production could be key to a net-zero emissions future for the metallics industry, attendees learned at Fastmarkets’ conference on January 17-19 in Dallas
Low supply, strong demand to spur scrap prices higher in Feb, market says
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed