|  | 07/01/2008 |
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Japan Steel Demand to Rise by 3.1% in July-September
Japanese steel demand will increase by 3.1% to 27.51 million tonnes in July-September from same period of 2007, announced by Ministry of Economy, Trade and Industry on Monday. METI expects the demand will increase by 3.1% from April-June due to firm demand for shipbuilding and industrial and construction machinery. METI estimates the crude steel output to meet the steel shipment will increase by 2.2% to 30.56 million tonnes, which is record high as the quarter topping 30.24 million tonnes in 1973, while the output is 1.7% lower than April-June, which is first drop in 2 quarters.
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 | Japan Steel Demand to Rise by 3.1% in July-September
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