In July, Japan’s finished carbon steel sales both at home and abroad rose by 9.5% on year to about 5.16 million tonnes, and the volume for January-July gained 12.8% on year to 35.65 million tonnes, according to the release by the Japan Iron & Steel Federation (JISF) on September 16, reflecting the remaining firm demand in and out of the country, according to market sources.
JISF officials in charge of the statistics were not available for comment on Friday, but market sources attributed the
growths to demand and low base a
The July sales volume was
down 0.7% on month, though
a sales official from an integrated mill in
Tokyo dismissed any
concern. “We understand that Japan’s steel sales have