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25 Feb
08:49

Technical issues hit Japanese steel output

Japanese steel output has remained weak, falling to an almost ten-year low in January. Nippon Steel & Sumitomo Metal Corporation, meanwhile, says it plans to hike output in the financial year starting April 2019, Kallanish notes. In January, Japan produced 8.141 million tonnes of crude steel, down -3.8% month-on-month and -9.8% year-on-year, according to data released by the Japan Iron and Steel Federation (Jisf). That was the lowest level since 7.…
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