|  | 06/30/2010 |
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Japan Raw Steel Demand to Drop by 4.3% in July-Sep
Japanese raw steel demand to meet steel products shipment will decrease by 4.3% to 26.82 million tonnes in July-September from April-June, which decreases for the first time in 2 quarters, announced by Ministry of Economy, Trade and Industry on Tuesday. The demand will decrease by 0.6% to 23.83 million tonnes for steel products, which decreases for 2 quarters in a row. METI expects the domestic demand will increase while the export decreases with adjustment in Chinese market and higher yen rate. METI warns Japanese steel industry should be cautious for potential downside risk and increasing inventory when the demand is uncertain for automobile and Chinese market in the second half of fiscal 2010 ending March 2011 while East Asian steel supply could increase with higher output capacity in the area.
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 | Japan Raw Steel Demand to Drop by 4.3% in July-Sep
| | Japanese Integrated Steels Increase R&D Investment
| | Japan Steel Import Increases by 1.8% in May
| | Japan Steels and Electric Appliance Makers Agree in 15,000 y/t Hike
| | China Hot Rolled Coil Price Shows Bottoming Out
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