Japanese steel output seen climbing only 0.2%

Dec 31, 2012 | 10:44 AM |

Tags  Japanese steel, exports, carbon steel, Meti

TOKYO — Japanese crude steel output is expected to bounce back only slightly in the first three months of 2013 after falling to its lowest level in six quarters in the final three months of 2012.

Crude steel output will edge up to 26.06 million tonnes in the first quarter, 0.2 percent above fourth-quarter production, according to estimates by Japan’s Ministry of Economy, Trade and Industry (Meti) but down 1.9 percent from the same period a....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center