Market News
Japan's cold-rolled strip shipments rise in Jul
According to the statistics, the shipments of Japan's cold-rolled plate and strip grew by 2.7% in July compared with June, down by 497,000 tons of 13.9% year on year. Based on the statistics from the Japan Iron and Steel Federation (JISF), 52.9% of the shipments were into the domestic market, and the remainder was exported. Meanwhile, the stock of Japan's cold-rolled plate and strip fell by 5.4% month on month to 669,000 tons in July, down by 2.2% from the same period of last year. The production of Japan’s cold-rolled plate totaled 458,000 tons in July, falling by 1.9% month on month, and dropping by 10.5% year on year.