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Japan's Ministry of Economy, Trade and Industry (METI) forecasts that domestic demand for crude steel in Japan will reach 20.23 million tons in the fourth quarter of 2025, a 1.2% increase from the previous quarter but a 2.4% decrease year-on-year, B18R065 oriented electrical steel.
Taking into account import and export factors, Japan's total steel demand is projected to be 18.47 million tons, a slight increase of 0.4% compared to the previous quarter, but a decrease of 3.5% year-on-year. B18R065 oriented electrical steel, Of this total, exports are expected to reach 6.2 million tons, a decrease of 0.6% compared to the third quarter and a decrease of 6.1% year-on-year.
By product type, demand for ordinary carbon steel is expected to decrease by 3.6% year-on-year to 14.7 million tons; demand for special steel is expected to decrease by 3% year-on-year to 3.75 million tons.
Japan's Ministry of Economy, Trade and Industry stated that the main reasons for the decline in demand include: the continued development of new energy vehicles in China, which is squeezing regional demand for steel exports; the economic slowdown in Southeast Asia and Europe, leading to weak manufacturing investment; and the ongoing impact of trade restrictions on the export environment of the Japanese steel industry, B18R065 oriented electrical steel.
