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Japan steel orders increase 7.5% in June

According to Japan iron and Steel Federation (JISF) reported in June that Japan carbon steel orders increase 7.5% month on month year on year to 5.85 million tons, increase 2.6% year on year, mainly due to export order growth. JISF ...

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Japan Steel exports drop 4% m/m in May

Japan’s exports of common steel products declined to 3.45 million tons in May, down by 4% as compared to the previous month, as per the data released by Japan Iron & Steel Federation (JISF). The total export revenue generated by ...

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Japan Steel Market Roundup From MEPS International

Japanese steel prices decreased, month-on-month, in March according to MEPS. Hot rolled coil suppliers were forced to concede a 3.3 percent cut during negotiations. Overseas business remained competitive. Large tonnages of imported commodity grade plate continued to keep the lid ...

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Japan’s steelmakers raise profit forecasts, see weaker pipe orders ahead

Japan’s top 3 steelmakers raised their profit forecasts for the 2014 business year to end-March, helped by a weaker yen and solid local demand, but expect slumping oil prices to hit pipe orders in 2015, which may weigh on their ...

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Increasing exports from Japan steel mills to further pressure prices

Japan’s top steelmakers reported higher first half earnings last week, but slowing demand and bloated stockpiles could push them to sell more overseas, adding to a global glut pushing down prices further Nippon Steel & Sumitomo Metal and JFE Holdings ...

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