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19 Oct
08:53

Japanese steel orders dive further in August

In August this year, orders of Japanese steel products slipped for the second month in a row. Accumulated orders in the fiscal year starting from April however, were still higher than the same period last year, according to data from the Japan Iron & Steel Federation (JISF). August orders of ordinary steel products stood at 4.768 million tonnes, down 5.3% on-month and 1.6% on-year, Kallanish notes. Within this, domestic and overseas demand were both weaker, bu…
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