Japan’s crude steel demand expected to fall

Apr 04, 2013 | 09:45 AM | Weilyn Loo

Tags  Japan crude steel demand, steel production, Ministry of Economy Trade and Industry, METI, special steel, ordinary steel, weilyn loo

SINGAPORE — Japan’s crude steel demand in its fiscal first quarter is expected to fall to 26.4 million tonnes, down 0.9 percent from the previous quarter and 4.1-percent lower than a year earlier, according to the country’s Ministry of Economy, Trade and Industry (METI).

Demand for ordinary steel for the three months ending June 30 is projected at 18.89 million tonnes, down 2.8 percent from the previous quarter but up 0.7 percent from the same period last year, while special steel demand is pegged at 4.61 million tonnes, down 0.4 percent from the previous three months and 12.8 percent below....

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