Japan’s crude steel output fell 3.9% in January from a year earlier, dropping for the eleventh consecutive month as the COVID-19 pandemic continued to dent demand, the Japan Iron and Steel Federation said. Output, which is not seasonally adjusted, declined to 7.92 million tonnes in the world’s No.3 steel producer, but it increased 5.3% from …
The post Japan crude steel output drops for 11th month in Jan on COVID-19 slump first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John