Iron and Steel Output Schedule to Reach to 28 Million Tons in Oct-Dec

According to iron and steel output schedule of third quarter of fiscal 2014 (October-December) Ministry of Economy, Trade and Industry reported on 4th, crude steel output will increase by 1.3% from the anticipated result for the previous term to 28.25 million tons for the 3rd straight quarters. It reaches to 28 million tons for the first time in 4 term. Though the blast furnace will reduce the output due to improvement of equipment, electric furnace will increase.