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Japan's domestic steel product orders down 4.1 percent in Jan-Apr

Friday, 17 June 2016 15:56:42 (GMT+3)   |   Istanbul
       
In April this year, steel product orders, including specialty steels, booked by domestic sectors in Japan amounted to 4.59 million metric tons, down one percent compared to March and rising by 1.4 percent year on year, according to the data released by the Japan Iron and Steel Association (JISF). Meanwhile, in the January-April period of the current year, domestic steel product orders in Japan decreased by 4.1 percent year on year to 17.9 million metric tons.
 
In April, ordinary steel product orders in Japan booked by the domestic construction sector increased by 5.5 percent to 1.0 million metric tons, while steel product orders including special steel orders booked by the Japanese automotive sector amounted to 1.02 million metric tons, down 0.2 percent, both on year-on-year basis. Japan's shipbuilding industry booked 346,684 metric tons of ordinary steel products in the given month, down 8.6 percent compared to the same month of 2015.

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