Crude steel production decreased by 6% y-o-y in the first quarter of this year
Japan's crude steel production decreased by 6% y-o-y to 21.6 million tons in the first quarter of this year due to the stagnation in domestic production.
Production decreased to 7.5 million tons in March
Japan's crude steel production decreased nearly 6% y-o-y to 7.5 million tons in March.
Produced 8.1% less crude steel annually in the fiscal year ending March 31, 2023
In the fiscal year ending March 31, 2023, Japan's crude steel output stood at 87.9 million tons, decreased by 8.1% from a year earlier.
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