Japanese crude steel output in H1 dives to 40 year low - 21 Oct 09

Koyodo News reported that crude steel output in Japan in the April to September first half of fiscal 2009 fell by 29.6% YoY to 43.33 million tonnes, marking a 40 year low on a semiannual basis due to a plunge in demand.

Japan and Steel Federation said that this is the lowest output since the 40.97 million tonnes registered in the first half of fiscal 1969.

Oct 21, 2009 12:08
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