Low Base Results in 42% YoY Surge in Japan’s Crude Steel in May21
Japan Iron and Steel Federation announced that Japan's crude steel output in May 2021 rose by 42% YoY, climbing for a third consecutive month, as industry demand picked up from a coronavirus related slump. Japanese steel output in May 2020 had plunged by 32% YoY as the pandemic collapsed demand, forcing steelmakers to suspend some of their blast furnaces. JISF said "The sharp rise reflected a recovery in demand at home and abroad, as well as restarts of some blast furnaces that had been suspended. Demand from manufacturers, including automakers and industry machinery makers, has been steadily picking up.”
May 2021
Pig Iron Production – 6.124 million tonnes, up by 39% YoY
Crude Steel Production - 8.422 million tonnes, up by 42 YoY
Hot-Rolled Steel Products – 7.078 million tonnes, up by 36% YoY
April-May 2021
Pig Iron Production – 11.801 million tonnes, up by 27% YoY
Crude Steel Production - 16.240 million tonnes, up by 30% YoY
Total Hot-Rolled Steel Products – 13.967 million tonnes, up by 26% YoY
May 2021
Total hot-rolled products (of ordinary steel) -5.521 million tonnes
Total hot-rolled products (of specialty steel) - 1.556 million tonnes
Rails, Tyres and wheels - 43.1 KT
Sheet pilings - 46.9 KT
Sections - 442.6 KT
Bars Heavy - 679.0 KT
Rounds for tubes - 22.1 KT
Wire Rod - 139.0 KT
Hot-rolled sheet & plate - 767.6 KT
Hot-rolled wide strip - 3,341.6 KT
Hot-rolled narrow strip & hoops - 39.6 KT
Cold-rolled wide strip (of ordinary steel) - 1,401.7 KT
Electrical sheet & strip - 116.3 KT
Tin plate - 54.2 KT
Galvanized sheets - 822.3 KT
Seamless pipes & tubes - 19.9 KT
Welded pipes & tubes - 253.5 KT
Cast iron pipes & tubes - 16.3 KT
