The supply of carbon steel flat products in Japan is limited

According to statistics published by Nippon Steel, the largest steel producer in Japan, stocks of carbon steel flat products in Japan from steel producers amounted to approximately 4 million tonnes by the end of June this year, which remains largely unchanged from the previous year. month. Inventories have remained relatively high since September 2020.

However, according to market participants, the supply remained limited. Inventories of hot rolled, cold rolled and precoated flat products in June fell 24,000 tonnes from the previous month, down 0.6% from the previous month.