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Japan’s FY20 steel output falls to 51-year low, down 16%

ABSTRACT

Japan’s crude steel output during fiscal 2020 (April 2020-March 2021) including both carbon and special steel declined to a new low since fiscal 1969, down 15.9% on year to about 82.8 million tonnes, according to the latest data from the Japan Iron & Steel Federation (JISF) released on April 22.
FY20 was also the fourth year that Japan posted an on-year decline in steel output or the second year with the tonnage below 100 million tonnes, Mysteel Global understood from the JISF data. “The decrease was mainly due to the negative impact of the COVID-19 during the first half of FY20, as the output recovered in

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