For June, Japan’s crude steel output for all including carbon and special steel for June rose by 44.4% on year to about 8.1 million tonnes, and the whole volume for January-June gained 13.8% on year to about 48.1 million tonnes, with both the on-year rises partially due to the low bases a year ago, Mysteel Global noted from the data released by the Japan Iron & Steel Federation (JISF) on July 21.
It had been the fourth consecutive month for
Japan’s steel output to grow on year, and a year ago, Japanese mills had banked
some of their blast furnaces in response to the stagnated economy amid the COVID-19 outbreak,a JISF
official explained, while as for
the 3.7% on-month decline, he attributed to the one-day difference