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24 May
10:29

Japanese steelmakers plan to raise production in Q2

Japanese steelmakers plan to increase crude steel production in second quarter of the financial year starting April 2016, according to Japan's Ministry of Economy, Trade and Industry (Meti). This is despite weak domestic market demand and sluggish exports, Kallanish notes. Meti, which has surveyed steelmakers’ production plans for the July-September quarter, says crude steel production may increase 1.6% year-on-year and 1.9% quarter-on-quarte…
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