06
Jul
01:00
Japan steel output seen falling in Q3
Japanese steel production is expected to remain weak in the July-September quarter, according to the Ministry of Economy, Trade and Industry (Meti). The decline is triggered by high domestic steel inventories and weak demand, Kallanish notes.
Meti says crude steel output is expected to fall to around 26.18 million tonnes over the quarter, down 6.1% year-on-year. That would also be down 2% from the first quarter, but would be broadly flat from Q2. J…
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Anonymous
Very good overview of the weekly steel market.
Anonymous