20
Oct
11:12
Japanese steel production bottoms out in September
Japanese steelmakers saw production levels essentially stable in September compared to August. Output is still down year-on-year however as mills combat high inventories and weak demand, Kallanish notes.
September crude steel output dropped -2.5% month-on-month to 7.58 million tonnes but on a daily basis output was up 0.7%. In the current financial year starting April, Japan has so far produced 52.05mt of crude steel, down -6.3% year-on-year. Hot rolled steel pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous