Japan May crude steel output up greatly by 42%
2021-06-23 13:17:40 [Print]
Japan's crude steel output rose 42.2% in May from a year earlier, climbing for a third consecutive month as industry demand picked up from a coronavirus-related slump, the Japan Iron and Steel Federation said on June 22.
Output, which is not seasonally adjusted, increased to 8.42 million tonnes in the world's No.3 steel producer, up 7.7% from April.
The Ministry of Economy, Trade and Industry said in April that Japan's crude steel output is forecast to rise 28.3% in the April-June quarter from a year earlier, thanks to a recovery from a pandemic-induced demand collapse in the previous year.
Output, which is not seasonally adjusted, increased to 8.42 million tonnes in the world's No.3 steel producer, up 7.7% from April.
The Ministry of Economy, Trade and Industry said in April that Japan's crude steel output is forecast to rise 28.3% in the April-June quarter from a year earlier, thanks to a recovery from a pandemic-induced demand collapse in the previous year.
