UTC+8 ( BJT)

Japan Aug crude steel output up 23% YoY, down 1% MoM

ABSTRACT

In August, Japan’s crude steel output including carbon and special steel rose by 22.9% on year to about 7.92 million tonnes, or the sixth consecutive month with an on-year rise, though it was down 1% on month, according to the latest data from Japan Iron & Steel Federation (JISF), which was partially to do with low base in 2020, according to market sources.
JISF officials in charge of production data could not be reached for comment on Friday, though Japanese market sources expected remaining high steel output for this year. “Japan’s integrated mills have been operating at their full capacities to meet the robust demand both in and out of the country, so the national

............

To read the full article take a free 7-day trial to Mysteel Global

FREE TRIAL
+65 6653 8227