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Japanese Steel Product Demand forecast to Increase by 3.7%
The amount of Japanese steel product demand forecast in July-September increase to 26.17 million tonnes by 3.7% over the same term of the year before, and the crude steel demand forecast increase to 28.6 million tonnes by 4.0% over the same term of the year before for 3 consecutive month because the condition of the domestic demand for shipbuilding, automobile, private engineering works is high level and the export for such as South East Asia will expand, according to Ministry of Economy, Trade and industry.
The maker and wholesale store stock at the end of June was at 0.93%. The exact correspondence by which remaining power was scarce of the blast furnace and special steel, they need considering the supply side in capability.
The crude steel of the first half of the fiscal 2004 year becomes 56.84 tonnes (increase of this 1.6% and this increase and 2.6%), and records the 3rd past with a base a half year.
In the items of crude steel forecast, it for domestic demand increase to 18.63 tonnes by 3%, and it for export increase to 7.54 million tonnes by 5.5%, it for ordinary steel increase to 21.34 million tonnes by 3.7%, and it for special steel increase to 4.83 million tonnes by 3.4%.
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