UTC+8 ( BJT)

Japan’s October crude steel output falls 12% on year

Japan’s crude steel production in October including both carbon and special steel declined by 11.7% on year to some 7.2 million tonnes, making for the eighth consecutive monthly on-year decrease, according to the latest data released by the Japan Iron & Steel Federation (JISF) on November 24.
But the October total was 11% higher than output in September, and production per day was also higher by 7.5% on month at 232,000 tonnes, according to the data.Japanese steel production is improving to meet higher demand from end-users, mainly from auto manufacturers, a JISF official explained. “But the figures are still far lower

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