Japan crude steel production up 0.3%

Posted on 22 February 2018
 

Source: The Japan News

Crude steel production in Japan in January grew 0.3 percent from a year before to 9.03 million tons, up for the third straight month, the Japan Iron and Steel Federation said Tuesday.

Production topped 9 million tons for the first time in 12 months, thanks to firm demand at home, mainly from automakers and other manufacturers, and from civil engineering and construction companies for use in urban redevelopment projects.

Production of electric furnace steel, made from scrap iron, increased 7.1 percent to 2,097,000 tons, while that of converter steel, made chiefly from iron ore, fell 1.6 percent to 6,932,000 tons, the industry group said.

Crude steel production per day rose 3.5 percent from the previous month to 291,000 tons.Speech



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