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17 Jul
08:50

Japan’s Q3 steel output, demand forecast to rise

Both Japanese crude steel output and finished steel demand in the third quarter of the year are forecasted by a Ministry of Economy, Trade and Industry (METI) survey to see a slight increase from Q2, but decreases year-on-year. METI predicts the country’s crude steel output will reach 21.51 million tonnes, rising just 0.03% over Q2 but falling 0.2% from the year-ago level, Kallanish notes. If achieved, this would mark the second consecutive quarter of growth…
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