Japanese steel demand stronger than expected in Q2

May 09, 2012 | 04:38 AM |

Japanese steel output in the second quarter of 2012 is expected to rise to its highest level since the fourth quarter of 2010, with demand proving stronger than anticipated, the country’s ministry of economy, trade and industry (Meti) said this week.
Crude steel production could rise to 27.53 million tonnes, an increase of 3.7% on the previous quarter and a 4.4% rise compared with the same period in 2011. ....

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