Japan's April Crude Steel Output Falls To 11-year Low Amid COVID-19 Pandemic
- May 25, 2020-
Japan's crude steel output fell 23.5% in April from a year earlier to an 11-year low of 6.62 million tonnes, as weaker demand amid the COVID-19 crisis forced steelmakers to trim output, the Japan Iron and Steel Federation said last Friday.The fiaure is the lowest monthly outout since May 2009. when a alobal financial crisis dampened demand. a researcher at the federation said. The 23.5% decline was the biggest monthly slide since July 2009. the researcher added.Output, which is not seasonally adjusted, dropped 16.8% from March.Japan's top two steelmakers, Nippon Steel and JFE Steel, owned by JFE Holdings, temporarily shut a total of three blast furnaces in April to cope with slunping demand. The two companies plan to suspend four more blast furnaces in June and July, cutting a combined total of 25%-30% from their capacity.
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Beall Metal Co.,Limited
Beall Industry Group Co.,Limited
Tel No: 8621 60491701
E-mail: sales021 at beallindustry.com
Att: Wendy Wang
Q: Are you trading company or manufacturer ?
A: We are manufacturer.
Q: How long is your delivery time?
A: Generally it is 7-10 days if the goods are in stock. or it is 15-20 days if the goods are not in stock, it is according to quantity.
Q: Do you provide samples ? is it free or extra ?
A: Yes, we could offer the sample for free charge but do not pay the cost of freight.
Q: What is your terms of payment ?
A: Payment<=1000USD, 100% in advance. Payment>=1000USD, 30% T/T in advance ,balance before shippment.
Cangzhou Steel Pipe Group (CSPG)Co.,Ltd.
No.92 JieFang East Road ,Cangzhou City, Hebei,P.R.China.
CSPG has more than eighteen years history company which located in Lecong Iron and Steel World, a well-known steel distribution center in China, with superior geographical position and convenient water and land transportation.
We are a direct-selling manufacturer specializing in the research and development of spiral steel pipes, steel spiral pipes, anti-corrosion steel pipes inside and outside. Since its inception, the company has been guided by a brand-new thinking of steel pipe product market based on the business philosophy of honesty, pragmatism and knowledge-seeking.