Tag: Japan’s crude steel production may drop 4.0%

Japan’s crude steel production is estimated to decline by 4.0% y-o-y to 22.1 million tonnes (mnt) in the January-March quarter (Q1CY23), according to the country’s Ministry of Economy, Trade and Industry (METI). Meanwhile, production is expected to rise marginally by 0.3% q-o-q compared to 22.03 mnt in the October-December period due to recovery in demand…