Japan's crude steel output dives 43.6 pct in April

摘要

Japan's crude steel output in April plunged 43.6 percent from a year earlier to 5.72 million tonnes for the seventh straight month of decline, an industry body said, as the economic slump saps demand for cars and electronics. While April's drop was slightly smaller than a record decline the month before, the prospects for a recovery were dim as any improvement would merely be a rebound from sharp inventory adjustments since late last year into early this year.