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TOKYO: Japan’s crude steel output in the January-March quarter of 2023 is forecast to fall 4.0% from a year earlier to 22.10 million tonnes, the Ministry of Economy, Trade and Industry (METI) said on Thursday.
Demand for steel products, including those for export, is forecast to decline 4.3% to 19.98 million tonnes in the January-March period versus a year earlier, the ministry said, citing an industry survey.
Exports are forecast to fall 7.4% to 6.19 million tonnes, the ministry said.