Japan crude steel output rises for 4th month on firmer exports

摘要

Japan's crude steel output in July rose for a fourth month in a row as steelmakers increased production to meet export demand, gaining again over a period last year when high inventories and slow domestic demand had forced Japanese mills to trim output. July crude steel output climbed 0.5 per cent from a year ago to 8.89 million tonnes, the Japan Iron and Steel Federation said on Tuesday. Output, which is not seasonally-adjusted, increased 1.3 per cent from June.