Tag: Japan: METI forecasts decline in Japan’s steel production amidst weak demand
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Japan: METI forecasts decline in steel production amid weak demand
Crude steel output to drop 0.4% q-o-q, 2% y-o-y Demand may inch up 1% q-o-q but fall 4% y-o-y Japan Metal Daily: Japan’s Ministry of Economy, Trade and Industry (METI) has released its steel demand outlook for the July-September quarter, forecasting crude steel production at 20.11 million tonnes (mnt). This marks a 0.4% dip from…