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12 Apr
09:16

Japan’s METI forecasts higher second-quarter steel output

Japan’s Ministry of Economy, Trade and Industry (METI) forecasts continued growth in national crude steel output in the second quarter of calendar-year 2023. Finished steel demand however may fall back slightly, Kallanish notes. The ministry says in a report published on Tuesday it expects Q2 crude steel output to be 21.92 million tonnes, compared with 22.1mt predicted for Q1 in December last year. If it materialises, the figure would represen…
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