Japanese crude steel output decreases in Apr y-o-y
ccording to the statistics from the Japan Iron and Steel Federation (JISF), Japanese crude steel output decreased by 0.8% year on year to around 8.7 million tons in April, which was the eighth-month year-on-year decline.
A worker from the JISF said the blast furnace issue had been solved, but many factories didn't produce on the April holiday.
Crude steel made by blast furnace output decreased by around 5% in April, but the output from converter increased by almost 1%.
Besides, in the same month, the output of small bar used for building declined by 4% year on year, and that of thick plate used for boats and ships went up by 1.7% year on year.