Japan’s steel consumption down for sixth straight month in February

Japan suffered a 2.5% year-on-year decrease in apparent steel consumption in February, with imports falling significantly, according to figures released by the Japan Iron & Steel Federation (JISF).

Consumption, on a crude steel basis, fell to 5.48 million tonnes from 5.62 million tonnes in February 2014, it disclosed last Friday April 3.
This is the sixth consecutive month of drops since September, when consumption fell for the first time after twelve months of increases.

JISF determines consumption by adding Japan’s crude...


Juan Weik

April 06, 2015

10:43 GMT