08
Oct
11:09
Growing Japanese steel inventories suggest slow recovery
Japanese steel inventories rebounded in August suggesting mills may have to continue output restrictions, Kallanish notes. August typically sees a slump in steel shipments and the rate of decline appear to be bottoming out.
Total inventories of ordinary steel products hit 7.05 million tonnes at end-August, the first time they had topped 7mt since February, according to figures from the Japan Iron and Steel Federation (Jisf). Inventory for domestic shipment was u…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous