Japan Oct crude steel output down 0.3 pct yr/yr
Japan Oct crude steel output down 0.3 pct yr/yr.
Japan's crude steel output fell 0.3 percent in October from a year earlier as a recovery in car production partially offset the impact of a decline in steel exports, but a further fall in output is likely due to flooding in Thailand, an industry body said.
The October output figure, which is not seasonally adjusted, was 9.48 million tonnes, the Japan Iron and Steel Federation said on Friday.
It was the second consecutive year-on-year fall, following a 3.8 percent decline in September.
Compared with September, output rose 6.7 percent. On a daily basis, output was up 3.2 percent from September.

Davide Dell'Oro
Saturday, November 19, 2011
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