Japan's crude steel production in October reached 8.22 million mt, rising 1.0% from September and 14.3% higher year on year, Japan Iron & Steel Federation data showed Nov. 22.
With the October data summed up, crude steel production in the first 10 months of 2021 totaled 80.36 million mt, 17.5% higher on the year. Though if compared to the same period pre-COVID-19, 2021's January to October output has recovered to just 4.1% shy from 2019's production.
Downstream, in Japan's finished steel production, 5.61 million mt of hot-rolled products were made in October, up 1.4% and 10.5% higher from September 2021 and October 2020, respectively.
Year to date, as of October, HR products totaled 54.76 million mt with wide strips making up 33.12 million mt. The former was up 11.7% while the latter grew 17.0% on a year-on-year basis.
Source: SEAISA
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