Japan Nov crude steel output dips 0.5% MoM

Japan produced 6.89 million tonnes of crude steel in November, dipping 0.5% month on month (MoM) and 3.1% year on year (YoY), according to data released by the Japan Iron and Steel Federation.

The output of ordinary steel was 5.31 million tonnes, down 0.3% MoM and 2.2% YoY; that of special steel was 1.58 million tonnes, falling 1.4% MoM and 6% YoY.

In November, Japan's blast furnace steel production stood at 5.09 million tonnes, ticking down 0.2% MoM and unchanged YoY; electric furnace steel output was 1.8 million tonnes, dropping 1.4% MoM and 10.9% YoY.

The production of hot-rolled coils in Japan was 2.92 million tonnes over the same month, rising 0.5% MoM but falling 2.5% YoY; H-beam steel production stood at 247,000 tonnes, down 0.6% MoM and 11.1% YoY, data showed.

The production of pig iron was registered at 5.01 million tonnes in November, down 1.2% MoM and 0.4% YoY.

Japan's crude steel production totaled 77.1 million tonnes over the first eleven months this year, down 3.6% YoY; the output of pig iron declined 3.7% YoY to 55.85 million tonnes.

 

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