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Japan's HR steel strip shipments down 14.3 percent in June from May

Wednesday, 10 August 2016 15:00:22 (GMT+3)   |   Istanbul
       
In June this year, Japan's hot rolled plate and sheet shipments increased by 4.1 percent compared to the previous month and were down by one percent compared to the same month last year, amounting to 837,000 metric tons. 72.7 percent of shipments were made to the domestic market, while the remaining 27.3 percent were made to the export markets, according to the Japan Iron and Steel Federation (JISF) data. 
 
In June of the current year, Japan's hot rolled plate and sheet production amounted to 897,000 mt, up 13.5 percent month on month and rising 3.8 percent year on year.
 
Meanwhile, in June, Japan's hot rolled strip shipments amounted to 1.445 million mt, down 14.3 percent from the previous month and falling by 8.9 percent year on year. 25.9 percent of shipments were made to the domestic market, while the remaining 74.1 percent were made to the export markets. In the given month, Japan's hot rolled strip production amounted to 1.448 million mt, narrowing by 11.5 percent month on month and up by 1.9 percent year on year.

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