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Japan’s construction steel demand is expected to raise in June

Japan land, infrastructure and transport (MLIT), in June this year Japan’s construction steel demand is expected to fall 1.6% year on year to 1.75 million tons, but rises nearly 13% month on month, mainly due to falling demand during the holidays in early May.
According to forecasts in June this year, Japan’s H section demand is about 400,000 tons, down by 1% year on year, an increase of 11% month on month; those for small bars demand is about 720,000 tons, up slightly by 0.9% year on year, down by 18% month on month.

Source: yieh

May 21, 2016 12:02
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