JFE Steel Gets High Rank in Japan Steel Sheet Pile Production

JFE Steel ranked second position in Japanese steel sheet pile production ranking in fiscal 2010 ended March 2011 while the firm was third position in fiscal 2009. Sumikin Steel & Shapes got third position compared with second in fiscal 2009. Nippon Steel kept the first position. Japanese sheet pile production decreased by 20.5% to 559,488 tonnes in fiscal 2010 from fiscal 2009.

Nippon Steel increased the production share by 0.6 percentage points to 46.9% of Japanese steel sheet pile production in fiscal 2010 from fiscal 2009 with 262,425 tonnes production, which is up by about 100,000 tonnes from the production of JFE Steel. JFE Steel increased the share by 5.5 points to 30.2%.

Sumikin Steel & Shapes decreased the production by 35.9% to 115,442 tonnes in fiscal 2010 from fiscal 2009. The firm dropped the share by 5.0 points to 20.6%.

The steel sheet pile production slightly decreased to more than 110,000 tonnes from around 130,000 tonnes for April-June from the same period of last year when the export decreased by about 25% to 16,000 tonnes from April-June form the same period of last year due to high yen exchange rate. The production would increase for rebuilding after October in disaster area of the major earthquake.

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