Japan July-Sept crude steel output may grow 0.9% y/y – METI

Posted on 11 July 2019

Source: Reuters

Japan’s crude steel output is forecast to rise 0.9% in July-September from a year earlier to 25.89 million tonnes, the Ministry of Economy, Trade and Industry (METI) said.

Demand for steel products, including those for exports, is forecast to rise 0.8% to 23.01 million tonnes in July-September compared with a year earlier, the ministry said, citing an industry survey.

Exports are forecast to grow 1.7%, the ministry said.

Source: Reuters (Reporting by Yuka Obayashi, Editing by Sherry Jacob-Phillips) 

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