Japan’s crude steel output stable in 2014 on higher EAF volume

Japanese crude steel production was largely flat in 2014, as electric arc furnace (EAF) steelmakers helped offset a drop in output by blast furnace operators.

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

Total crude steel output inched up to 110.66 million tonnes in 2014, from 110.59 million tonnes the previous year, the Japan Iron & Steel Federation (JISF) disclosed on Thursday January 22.

EAF mills produced 25.7 million tonnes of material, up 3.1% year-on-year, while companies using the blast furnace route saw their output fall by 0.8% over the same period to 85 million tonnes.

Blast furnace share of the country’s total output has edged down to 76.8% from 77.5% in 2013, while crude steel produced via EAF now accounts for 23.2% of the figure, up from 22.5% previously.

Carbon finished steel output was steady year-on-year, at 77 million tonnes, while the production of specialty steel rose by 4.7% to 20.9 million tonnes.

In terms of carbon steel, hot rolled wide strip accounted for the highest output volume for a single product, with 45.2 million tonnes produced, up by 0.3% year-on-year.

Production of both cold rolled strip and galvanized sheet saw respective year-on-year falls of 1.4% and 1.7% to 20.2 million tonnes and 12.1 million tonnes.

Output of heavy plate inched up by 1% over the same period, to 10.7 million tonnes.

In the case of long steel products, output of light bars decreased by 3% from year-earlier levels to 9.2 million tonnes, while that of H-beam fell 3.9% to 4 million tonnes.

Production of carbon steel pipes and tubes was down 2% on the year at 4.6 million tonnes.

What to read next
Any bolstering effect on US ferrous scrap exports from the up-month in February’s domestic trade will be tempered in the immediate aftermath of two earthquakes in Turkey — the country’s largest importing region — on Monday, February 6
Steel trading and production have come to a halt in the eastern Turkish region of Iskenderun following a devastating earthquake that hit the region on Monday February 6 and put mills in the area under force majeure, sources told Fastmarkets on Tuesday
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
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.