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16 Nov
08:20

Japanese steel orders extend dip in September

In September this year, orders of Japanese steel products dipped month-on-month for the third month in a row. This was mainly dragged lower by exports as a result of pressure from other countries such as China, Kallanish learns. Monthly orders of all ordinary steel products were 4.691 million tonnes, down 1.6% m-o-m and 2.5% y-o-y according to data given by the Japan Iron & Steel Federation (JISF). The m-o-m decline shrank a little but the y-o-y loss expanded …
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