Trade Resources Industry Trends Japanese Crude Steel Production Was up 15.1 Percent Compared to The Previous Month

Japanese Crude Steel Production Was up 15.1 Percent Compared to The Previous Month

In March this year, Japanese crude steel production was up 15.1 percent compared to the previous month, while it increased by 2.9 percent year on year, totaling 9.73 million mt, according to the data released by the Japan Iron and Steel Federation (JISF).

Meanwhile, in March Japan's pig iron production totaled 7.07 million metric tons, increasing by 13.6 percent compared to the previous month and down 1.5 percent year on year.

In the first quarter of the current year, the country's pig iron output stood at 20.51 million metric tons, decreasing by 0.2 percent, while its crude steel production came to 27.58 million metric tons, increasing by 3.5 percent, both on year-on-year basis.

Japan's steel product output tonnages in March 2014:

ProductMar.14M-o-m change?(%)Y-o-y change (%) Hot rolled section550,7002.84.5 Bar848,0003.4-7.1 Wire rod179,10016.2-16.5 Heavy plate907,2009.9-0.8 Hot rolled wide strip4,081,90016.20.9 Cold?rolled wide strip1,854,30016.42.5 Galvanized sheet1,136,20018.45.2 Welded pipt350,1005.2-7.6

Source: http://www.steelorbis.com/steel-news/latest-news/japanese-crude-steel-output-up-35-percent-in-q1-824681.htm
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Japanese Crude Steel Output up 3.5 Percent in Q1
Topics: Metallurgy