12,698.19 TRY BIST 100 BIST 100
44.37 USD USD USD
6.46 CNY CNY CNY
51.12 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
44.11 TRY Interest Interest
114.93 USD Fossil Oil Fossil Oil
5.50 USD Copper Copper
100.53 USD Silver Silver
106.22 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,439.93 TRY Gold (gr) Gold (gr)
108.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Japan steel sector continues weak trend

Indicators for the first half of 2025 show that the slowdown in Japan's steel sector persists.

Japan steel sector continues weak trend

Both production and domestic demand have decreased noticeably compared to 2024, while the share of imports in total consumption remains high. This suggests that local producers will continue to face competitive pressure.

In the first quarter of the year, crude steel production reached 95.1% compared to the same period last year, and in the second quarter, it was 94.8%. According to monthly data, the sharpest decline was recorded in February 2025 at 91.5%, indicating that the contraction in the sector has become persistent.

On the demand side, apparent consumption figures show a more pronounced decrease. In the first quarter of 2025, consumption is projected to fall by approximately 6.8% year-on-year, reaching 13.6 million tons. Especially in February, consumption decreased to 87.3% year-on-year, representing the strongest indicator of weakness in the domestic market.

Despite the decline in production, import ratios remain high. In the first half of 2025, the import share was around 12%, rising to 13.5% in July, highlighting the sector's continued reliance on external sources. Although import volumes also decreased year-on-year, this decline aligns with the overall contraction of the market.

In the coming period, limited recovery in global demand and volatility in energy costs may lead Japan's steel sector to maintain a cautious approach on the production side. Unless a sustained improvement in domestic demand is observed, producers are expected to focus on export markets and increase price competition. It is projected that in the second half of 2025, the sector will continue to maintain low production levels while concentrating on the stabilization process.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Jindal Stainless and Oyster Renewable Energy have commissioned a 315.6 MW hybrid energy project

Monday, March 30, 2026

EU approves EUR 6 billion aid for Italy’s renewable hydrogen production

Monday, March 30, 2026

Severstal revises 2026 budget due to decline in steel demand

Monday, March 30, 2026

Çolakoğlu Metalurji Sports Club achieved a proud success in the international arena

Monday, March 30, 2026

Financial phase of SIBEM: Risks and uncertainties facing the steel industry

Monday, March 30, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now