Tag: Japan: Crude steel production fall by 4.2% y-o-y marking fourth consecutive month of decline

  • Japan: Crude steel production falls by 4.2% y-o-y

    Japan: Crude steel production falls by 4.2% y-o-y

    Japan Metal Daily: Japan’s crude steel output continued its downward trend in June, dropping by 4.2% y-o-y to 7.02 million tonnes (mnt), marking the fourth consecutive month of decline. According to the Japan Iron and Steel Federation’s (JISF) report on 22 July, production at blast furnaces slowed due to weakening demand for steel products. Cumulative…