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Japan's steel and pig iron production decreased: 2024 first eight months report

According to data from the Japan Iron and Steel Federation (JISF), Japan's steel production and pig iron production decreased.

Japan's steel and pig iron production decreased: 2024 first eight months report

According to data released by the Japan Iron and Steel Federation (JISF), Japan's steel production decreased by 3.2% m-o-m and 4% y-o-y to around 6.9 million tons in August. In the same period, pig iron production increased slightly by 0.6% on a monthly basis, while total output decreased by 4% on an annual basis to 5.2 million tons.

In the first eight months of 2024, Japan produced a total of 56.7 million tons of steel, down 3% year-on-year. Pig iron production fell by 3.5% year-on-year to 41 million tons.

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