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15 Nov
05:13

Japan’s crude steel output forecast to rebound

Japan’s crude steel output is expected to slip faster on-year than the previously forecast in the last three months of the year, according to the Ministry of Economy, Trade and Industry (METI). Quarterly crude steel production is estimated to be 22.13 million tonnes, falling 8.5% from a year earlier but rebounding 1.4% from the September quarter, Kallanish notes. If this is the case, Japanese steel output would increase for the first time after three consec…
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