26
Mar
09:11
Japan produces less on-month in February
Japan produced less pig iron and crude steel in February on-month due to fewer steel orders in January, according to Japan Iron & Steel Federation (JISF). But output still rose year-on-year, Kallanish notes.
Pig iron and crude steel production were 5.01 million tonnes and 6.99mt respectively, down 6.2% and 3.8% on-month. Although output from electric arc furnaces increased 1.5% on-month to 1.87mt, it could not compensate for a 5.6% decline in converter output …
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Anonymous
Very good overview of the weekly steel market.
Anonymous