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14 Oct
11:58

METI forecasts lower Q4 Japanese crude steel output

Japan’s Ministry of Economy, Trade and Industry (METI) forecasts Japanese crude steel output will fall 6.8% on-year to 22.55 million tonnes in the fourth quarter this year, Kallanish learns. The quarterly production would be an increase of just 0.5% from the September quarter. "Automobile production is expected to recover gradually, but there is also a downside risk since the shortage of semiconductors has not been completely eliminated," said Da…
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