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Japan’s May crude steel output down 32% on year

Japan’s crude steel output including carbon and special steel dropped more substantially in May, down 31.8% on year to about 5.9 million tonnes, as against the 23.5% on-year fall in April, which was mainly due to the negative impact of the pandemic on steel demand, according to the latest data released by the Japan Iron & Steel Federation (JISF) on June 22.
Last month’s crude steel output was down 10% on month too, as the Japanese steel mills deepened their output cuts in May to be in pace with the decline in demand, a JISF official told Mysteel Global on Tuesday. Among the total, ordinary or carbon steel accounted for 4.73 million tonnes, down 27.6% on year and

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