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Output Of Crude Stainless Steel By Major 7 Companies / Japan In May / 10 Continued To Decrease
= Produced 303,000 Tons In Total On Crude Steel Base, Expansion Was Short Of Breath
The output of crude stainless steel by major 7 stainless steel companies in Japan in May of 2010 had a decline, following the same case in April. The total quantity of crude stainless steel produced by these 7 companies in May was 303,000 tons, having decreased by 6.8% compared with that (325,000 tons) in April.

This substantial decline in production of crude stainless steel in May was due to the decreased quantities produced by Nippon Steel & Sumikin Stainless Steel (Hikari Works) and Nisshin Steel (Shunan Works). The quantities of crude stainless steel produced by major 7 companies in January - March quarter of 2010 were maintained on a high level but the production activities in April - June quarter are supposed to be short of breath. The quantities of crude stainless steel produced by these 7 companies in April and May had continued to decrease. Because of the weakened nickel prices, the distributors concerned in sales and its consumers have held back their new purchases of stainless steel products and this situation has caused to reduce the production at mills in the last 3 months.

The quantities of crude stainless steel produced by major 7 stainless steel companies in Japan in May of 2010 were as follows (the figures in parentheses were those produced in April) ;

<> Nippon Steel & Sumikin Stainless Steel (Hikari Works) : 31,000 tons (45,000 tons), <>Nippon Steel (Yawata Works) : 63,000 tons (59,000 tons), <> Sumikin Steel (Wakayama Works) : 13,000 tons (18,000 tons), <> JFE Steel (Chiba Works) : 89,000 tons (89,000 tons), <> Nisshin Steel (Shunan Works) : 43,000 tons (55,000 tons), <> Nippon Yakin Kogyo (Kawasaki Works) : 31,000 tons (31,000 tons), <> Nippon Metal Industry (Kinuura Works) : 33,000 tons (28,000 tons) and <> Total : 303,000 tons (325,000 tons).
last modified : Fri 23 Jul, 2010 [10:39]
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