December 02, 2008

Japanese crude steel output in FY to reach 120 million tonnes

JMB reported that Japan’s raw steel output could reach 120 million tonnes for fiscal year 2007-08.

The report said that the output increases with high domestic demand for manufacturers and record level export at more than 36 million tonnes annually.

It further added the output would keep more than 110 million tonnes for 5 years in a row while the output reached 110 million tonnes only 4 times before that.