Japan Iron & Steel Federation announced that Japanese crude steel production In January 2022 was down by 2.2% MoM & 2.1% YoY to 7.75 million tonnesLD converter – 5.832 million tonnes, 75% shareElectric arc furnace – 1.926 million tonnes, 25% shareTotal hot-rolled steel products production was also down 2.6% YoY to 6.66 million tonnesBars - 645,100 tonnes, down 1.2Wire Rod - 128,300 tonnes, down 11.2Plates - 781,800 tonnes, up 18.2HR – 3.028 million tonnes, down 7.7CR – 1.352 million tonnes, down 4.5Galvanized - 781,200 tonnes, down 7.4
Japan Iron & Steel Federation announced that Japanese crude steel production In January 2022 was down by 2.2% MoM & 2.1% YoY to 7.75 million tonnesLD converter – 5.832 million tonnes, 75% shareElectric arc furnace – 1.926 million tonnes, 25% shareTotal hot-rolled steel products production was also down 2.6% YoY to 6.66 million tonnesBars - 645,100 tonnes, down 1.2Wire Rod - 128,300 tonnes, down 11.2Plates - 781,800 tonnes, up 18.2HR – 3.028 million tonnes, down 7.7CR – 1.352 million tonnes, down 4.5Galvanized - 781,200 tonnes, down 7.4