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13 Oct
09:37

Japan’s Q4 output, demand forecast to grow marginally

Japan’s Ministry of Economy, Trade and Industry (METI) forecasts that both production and demand of Japanese steel will post an on-quarter increase in the December quarter this year, but demand will be a little lower on a year-on-year basis, Kallanish notes. METI predicts the country’s crude steel output to reach 22.33 million tonnes in Q4, rising 1.7% over Q3 and 4.3% from the year-ago level. Production in Q3 saw year-on-year growth for the seven…
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