|  | 05/07/2010 |
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Japan Raw Steel Output to Rise by 4.3% in April-June
Japanese raw steel production will increase by 4.3% to 27.652 million tonnes in April-June from January-March, announced by Ministry of Economy, Trade and Industry. The quarterly production level represents around 90% of the peak in April-June 2008 and the highest level after Lehman shock. The production level is annualized 110 million tonnes, which is the first 100 million tonnes level in 3 years. However, Japanese steel makers should adjust the production level flexibly depending on the market condition at home and abroad under uncertainty including heavy dependent on offshore demand and speculative steel demand with expectation for higher raw materials cost and higher steel price.
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 | Japan Raw Steel Output to Rise by 4.3% in April-June
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| | Japanese Steel Export Hits Record in fiscal 2009
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