Category: HRC
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Japan’s crude steel outlook weakens on soft demand, geopolitical uncertainty
Weak domestic demand continues to constrain steel market recovery Geopolitical risks and export barriers weigh on near-term outlook Japan Metal Daily: Japan’s Ministry of Economy, Trade and Industry (METI) forecasts crude steel production to remain subdued at around 20 million tonnes (mnt) in April-June 2026, down 0.7% y-o-y, reflecting persistently weak domestic and overseas demand.…