Nippon Steel forecasts higher domestic steel demand in H1

Posted on 30 July 2007

JMB reported that Nippon Steel expects Japanese domestic steel consumption is around 39.28 million tonnes in April to September 2007 period up by 60,000 tonnes than same period of 2006.

Nippon Steel sees that the demand is 20.04 million tonnes in July to September 2007, which is 60,000 tonnes higher than same period of 2006. It expects the full year demand increases by 350,000 tonnes to around 79.97 million tonnes for the year 2007 to March 2008 from previous year when the demand keeps high level.

Steelguru- 29 Jul 2007

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