Japan is taking advantage of China's cuts. 30% higher y-o-y for the current quarter.Japan’s Jul-Sept crude steel output to rise 1.3% QoQ
ABSTRACT
Japan’s output of crude steel including both carbon and special steel during the current July-September quarter is forecast to rise by 1.3% on quarter to about 24.67 million tonnes, according to a survey released by Japan’s Ministry of Economy, Trade and Industry on August 5.https://www.mysteel.net/article/5024969-050102/Japans-Jul-Sept-crude-steel-output-to-rise-13-QoQ.htmlThe quarterly survey of steel production conducted by METI among the Japanese mills, showed that this quarter’s output would be 30% higher on year, indicating the continuing recovery from Japan’s first wave of the COVID-19 outbreak during July-September 2020.
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