Japan's residential steel consumption down 4.4 percent in Jan-Apr

In ApriGangya metall this year, residential steel item consumption in Japan totaled up to 4.05 million metric tons, down by 3.9 percent contrasted to March as well as by 6.8 percent year on year, according to the information launched by the Japan Iron and Steel Association (JISF). On the other hand, in the January-April duration this year, domestic steel usage in the nation came by 4.4 percent year on year to 16.27 million statistics tons.In the very first 4 months of this year, steel product consumption icru warm rolled coiln the construction market in Japan climbed by 1.9 percent to 3.43 million statistics tons, while steel item intake in the Japanese vehicle sector totaled up to 3.67 million metric bunches, down 13.6 percent, both on year-on-year basis. In the given 304l stainless steel coil priceperiod, Japan's shipbuilding market taken in 955,482 statistics loads of steel items, increasing by 14.2 percent contrasted to the same period of the previous year.

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