Japanese carbon steel order receipt decreased by 8.3% to 5.441 million tonnes in November from a year earlier, announced by Japan Iron and Steel Federation on Monday. The order represented year-to-year decrease for two months in a row. The order receipts for domestic market decreased by 2.1% to 3.634 million tonnes, which decreased for the first time in 4 months. The demand steadily improved from automobile and industrial machine industries while the order decreased by around 15% y/y from electric machine and shipbuilding industries. The order for export decreased by 18.7% to 1.807 million tonnes and represented below 2 million tonnes for three straight months. Asian steel market weakened and the demand was impacted by Thai flood.
M | T | W | T | F | S | S |
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4 | 5 | 6 | 7 | 8 | 9 | 10 |
11 | 12 | 13 | 14 | 15 | 16 | 17 |
18 | 19 | 20 | 21 | 22 | 23 | 24 |
25 | 26 | 27 | 28 | 29 | 30 |
Japan Steel Scrap Composite Prices (Sangyo Press)
2024/11/21H2 | NewCutting (PRESS) |
41300YEN (-) | 43200YEN (-) |
264.52US$ (-0.38) | 276.69US$ (-0.39) |
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
- JMB Tieup company
- The Korea Metal Journal
- ferro-alloys.com
- Steel on the net
- AMM
- MEPS