Author: Suyash Jain
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Japan’s ordinary steel products inventory declines for second consecutive month in end-Nov’22
Inventories of ordinary steel products held by Japanese manufacturers and wholesalers till the end of November 2022 stood at 5.74 million tonnes (mnt), down by 2.3% or 130,000 tonnes (t) from end-October, as per data released by the Japan Steel Federation (JSF). This marks the second consecutive decline on a monthly basis. The inventory ratio…