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08 Feb
10:21

Japan’s Q1 crude steel output forecast to rise

Japan’s Ministry of Economy, Trade and Industry (METI) has released its quarterly industry survey, which forecasts that the country’s crude steel output will rise from the December quarter but remain lower year-on-year, Kallanish notes. The survey is based on interviews with domestic steel manufacturers. According to the survey, quarterly crude steel production is expected to reach 21.9 million tonnes, up 2.2% on-quarter but down 4.9% y-o-y. The f…
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