Forecast: Number of Persons Employed in Iron and Steel in Japan

In 2023, the employment in the iron and steel industry in Japan was recorded at 270,000 persons. The forecast from 2024 to 2028 shows a gradual decline, starting from 269,000 in 2024 to 266,000 in 2028. The year-on-year variations indicate a relatively stable but declining trend, with a reduction rate of around -0.37% annually over this period.

Future trends to watch for include:

  • Technological advancements and automation which may further reduce workforce requirements.
  • Potential shifts in global demand for steel which could impact employment figures.
  • Environmental regulations leading to strategic shifts in production processes.

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