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Japan's domestic steel product orders down 0.7 percent in H1

Tuesday, 16 August 2016 16:52:31 (GMT+3)   |   Istanbul
       
In June this year, steel product orders, including specialty steels, booked by domestic sectors in Japan amounted to 4.41 million metric tons, down 0.7 percent compared to May and falling by 4.2 percent year on year, according to the data released by the Japan Iron and Steel Association (JISF). Meanwhile, in the first half of the current year, domestic steel product orders in Japan decreased by 0.7 percent year on year to 26.8 million metric tons.
 
In June, ordinary steel product orders in Japan booked by the domestic construction sector decreased by 9.6 percent to 890,019 metric tons, while steel product orders including special steel orders booked by the Japanese automotive sector amounted to 1.0 million metric tons, down 1.5 percent, both on year-on-year basis. Japan's shipbuilding industry booked 326,000 metric tons of ordinary steel products in the given month, down 2.6 percent compared to the same month of 2015.

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