Trade Resources Industry Views In October,Japan's CR Sheet/Strip Stocks Rising by 4.44% From a Month But Falling by 5.09%

In October,Japan's CR Sheet/Strip Stocks Rising by 4.44% From a Month But Falling by 5.09%

Tags: steel, metallurgy

According to data released by the Japan Iron & Steel Federation (JISF), the country’s shipments of cold rolled (CR) sheets and strips totaled 5.45 million tons in the January-October period, down by 1.12% year on year.

Among them, 50% were made to the domestic market and the remaining 50% was to export markets.

In October, the stocks of CR sheets and strips totaled 648,467 tons, rising by 4.44% from a month but falling by 5.09% year on year. 74% were held by steelmakers and the remaining was owned by traders.

In the January-October period, the domestic prices of CR sheets and strips averaged at 78,200/ton, decreasing by 4,400/ton year on year.

 

 

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67864&division=A2
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Japan's CR Sheet/Strip Stocks Fall by 5.09% Y-O-Y in October
Topics: Metallurgy