Japanese crude stainless steel output by major mills in July up by 4pct MoM
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Wednesday, 28 Sep 2011
TEX reported that crude stainless steel production during July 2011 by seven major mills totaled to 324,812 tonnes in July 2011, up by 4.3% MoM from 311,210 tonnes in June 2011. Under the Summer Electricity Regulatory Plan, the two mills focusing on stainless steel production only (Nippon Yakin and Nippon Metal Industry) produced notably less than June 2011.
On the other hand, production at the top 5 mills, producing common steel also, was generally on a rising trend. Total Japan's stainless steel production in January to July 2011 (2.137 million tonnes) was up by 2.2% from the same period of 2010 (2.092 million tonnes).
