Japan’s Nippon Steel and Sumitomo Metal Corporation (NSSMC) has predicted a modest but widespread fall in Japanese steel demand in the first quarter of the new financial year starting in April. Only special steel consumption is expected to show a slight improvement from the previous quarter, Kallanish notes.
A seasonal decline in steel demand in the first half of the fiscal year should turn around in the second half. This will happen on the back of better automobile output and investment for the 2020 Olympics, NSSMC believes.
NSSMC expects total steel consumption to be down -3.09% from the previous quarter and -1.7% year-on-year in the current three-month period to 15.05 million tonnes. It also expects crude steel production to be down -2.06% quarter-on-quarter and -2.36% y-o-y to 25.24mt
Seeing a steel sheet mill (rolling mill) U $ 380,000 can send photos and specifications, if there is interest.
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Thankful: Mauro.
Vendo uma fábrica de chapas de aço (unidade de laminação) U$ 380.000 posso enviar fotos e especificações, caso haja o interesse.
Aguardo a resposta via e-mail: maurotecmec@hotmail.com
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