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Tag: Japan: Crude steel output down by 4% y-o-y in May

  • Japan: Crude steel output down by 4%, y-o-y, in May

    Japan: Crude steel output down by 4%, y-o-y, in May

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    by

    Suyash Jain
    in

    Japan’s crude steel production declined by 4.2% y-o-y to 8.06 million tonnes (mnt) in May 2022, as per data released by the Japan Iron and Steel Federation (JISF). However, the daily production increased by 10,000 tonnes (t) against the previous month. The shortage of semiconductors kept steel demand sluggish from the automobile industry. In May,…