|  | 01/07/2005 |
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Japan Steel Demand to Increase by 0.3% in July-September
Japanese steel demand will increase by 70,000 tonnes or 0.3% to 26.31 million tonnes in July-September from a year earlier, announced by Ministry of Economy, Trade and Industry on Thursday. The number increases by 680,000 tonnes or 2.7% from April-June. The demand increases by 590,000 tonnes or 2.1% to 28.75 tonnes as raw steel output from a year earlier. The demand as raw steel output decreases by 470,000 tonnes or 1.6% from April-June. Steel demand is increasing in the quarter when civil works is peak seasonally and nonresidential building demand increases. The demand is also strong for manufacturing sector including automobile, industrial machinery and shipbuilding. The raw steel output represents the third high as the quarter after that of 1973 and 1974 though the output decreases from high level of April-June. However, makers could reduce output when domestic steel inventory increases at users and smaller distributors and demand is weaker for commodity grade products.
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 | Japan Steel Demand to Increase by 0.3% in July-September
| | Japan, Steel Investment in F2005 Increase to 50.45 Billion Yen By 31%
| | Japan Steel Distributors' Inventory Jumps to 1.66M tonnes in May
| | Deformed Bar Price Decrease to Less Than 60,000 Yen per Tonne in Tokyo
| | Stainless Scrap Price Decreases by 20,000 yen in Tokyo and Osaka
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