Japan Iron and Steel Federation announced that Japan’s crude steel output shrank by 7% YoY in 2022 to 89.2 million tonne while BOF converter production totaled 73.3 million tonne, down 2% YoY and Electric Arc Furnace production increased by 5% YoY to 26.7 million tonneHot Metal – 64.1 million tonne, down 9% YoYSteel Products – 78.6 million tonne, down 7% YoYRails & Wheels - 0.4 million tonne, down 14% YoY Sheet Piles - 0.4 million tonne, down 27% YoYSections - 5.1 million tonne, flat YoYBars - 8.3 million tonne, down 1% YoYRounds for Tubes - 0.3 million tonne, down 5% YoYWire Rod - 1.4 million tonne, up 4% YoYHRC Wide - 35.9 million tonne, down 10% YoYHRC Narrow - 0.5 million tonne, down 3% YoYCR - 14.4 million tonne, down 13% YoYGalvanized - 8.4 million tonne, down 14% YoYElectrical Sheet - 1.3 million tonne, down 3% YoYTin Plate - 0.6 million tonne, down 8% YoYSteel Pipes - 3.5 million tonne, down 3% YoY
Japan Iron and Steel Federation announced that Japan’s crude steel output shrank by 7% YoY in 2022 to 89.2 million tonne while BOF converter production totaled 73.3 million tonne, down 2% YoY and Electric Arc Furnace production increased by 5% YoY to 26.7 million tonneHot Metal – 64.1 million tonne, down 9% YoYSteel Products – 78.6 million tonne, down 7% YoYRails & Wheels - 0.4 million tonne, down 14% YoY Sheet Piles - 0.4 million tonne, down 27% YoYSections - 5.1 million tonne, flat YoYBars - 8.3 million tonne, down 1% YoYRounds for Tubes - 0.3 million tonne, down 5% YoYWire Rod - 1.4 million tonne, up 4% YoYHRC Wide - 35.9 million tonne, down 10% YoYHRC Narrow - 0.5 million tonne, down 3% YoYCR - 14.4 million tonne, down 13% YoYGalvanized - 8.4 million tonne, down 14% YoYElectrical Sheet - 1.3 million tonne, down 3% YoYTin Plate - 0.6 million tonne, down 8% YoYSteel Pipes - 3.5 million tonne, down 3% YoY
