Author: Snehal Govardhan
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Japan’s crude steel production drops nearly 3% y-o-y in April’24
Japan’s crude steel production dipped 2.5% y-o-y in April 2024 compared to the same month last year, reaching 7.055 million tonnes (mnt). This marks the second consecutive month of decline. This reflects weak demand for steel both domestically and internationally, leading to sluggish production by steelmakers. Daily production at low levels Daily crude steel production…