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Japanese crude steel output down 3.2 percent in August from July

Friday, 20 September 2024 14:59:28 (GMT+3)   |   Istanbul
       

In August this year, Japanese crude steel production was down by 3.2 percent compared to the previous month and by 3.9 percent compared to August 2023, totaling 6.87 million mt, according to the data released by the Japan Iron and Steel Federation (JISF).

Meanwhile, in the given month Japan’s pig iron production totaled 5.17 million metric tons, up by 0.6 percent compared to the previous month and down by 3.9 percent year on year. 

In the January-August period this year, the country’s crude steel output stood at 56.66 million metric tons, down by 2.9 percent, while its pig iron production came to 40.96 million metric tons, decreasing by 3.5 percent, both on year-on-year basis. 

The production volume of some steel products in Japan can be seen in the chart below: 

Product      

August 2024 (mt)      

M-o-m change (%)      

Y-o-y change (%)      

Hot rolled section      

355,700

-2.0

-6.5

Bar      

515,600

-9.5

-10.0

Wire rod      

94,500

-16.3

-11.6

Heavy plate      

639,400

-6.3

-14.5

Hot rolled wide strip      

2,981,800

-3.9

-2.6

Cold rolled wide strip      

1,161,600

-1.5

-3.7

Galvanized sheet      

659,000

-0.2

-5.3

Welded pipe      

204,000

-15.4

-13.7


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