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| Japan's End Sept Ordinary Steel Stocks Total 5,578,000 Tons |
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Japan's ordinary steel stocks held by steelmakers and wholesalers totaled 5,578,000 tons at the end of September 2009, down 257,000 tons or 4.4% from a month ago, when the nation's inventory-shipment ratio of ordinary steel products stood at 90.1%, down from 103.3% in the month before, coming short of 100% for the first time in 11 months since October 2008, according to the Japan Iron & Steel Federation. Of the total, steelmakers accounted for the first 4,367,000 tons, down 250,000 tons or 5.4% from a month ago, and wholesalers the remaining 1,210,000 tons, down 7,000 tons or 0.6%. In the breakdown by allocation, stocks for domestic sales totaled 4,622,000 tons, down 37,000 tons or 0.8% from a month ago, while those for export shipments totaled 955,000 tons, down 220,000 tons or 18.7%. Among items in decreased stocks by 10,000 tons or more from a month ago, HR coils (600mm wide or wider) fell by 140,000 tons to 1,426,000 tons; flat products (heavy/medium plates and sheet products) by 39,000 tons to 609,000 tons; CR electrical sheets by 27,000 tons to 75,000 tons; CR coils by 23,000 tons to 528,000 tons; H-beams by 23,000 tons to 226,000 tons; tubular products by 17,000 tons to 407,000 tons; rails by 13,000 tons to 46,000 tons; and ordinary wire rods by 10,000 tons to 38,000 tons. By contrast, no item of ordinary steel products except small bars increased in stock by 10,000 tons or more from a month ago. Small bars rose by 23,000 tons to 570,000 tons. Ordinary steel shipments out of steelworks totaled 6,190,000 tons in September 2009, down 1,013,000 tons or 14.1% from a year ago, hitting a level of 6,000,000 tons for the first time in 11 months since October 2008. Of the total, domestic shipments accounted for 3,816,000 tons, down 1,238,000 tons or 24.5% from a year ago, while export shipments made up 2,374,000 tons, up 226,000 tons or 10.5%. Meanwhile, Japan's nationwide manufacture of ordinary steel products totaled 5,933,000 tons in September 2009, down 1,262,000 tons or 17.5% from a year ago. |
| last modified : Thu 05 Nov, 2009 [10:02] |
