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Japan’s crude steel production rose 30.1% year-on-year from July to September -METI Reuters

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© Reuters. FILE PHOTO: Nippon Steel & Sumitomo Metal Corp. Kimitsu Steel Production Line at Kimitsu, Chiba Prefecture, Japan, May 31, 2018. REUTERS / Kim Kyung-Hoon

TOKYO (Reuters) – Japan’s crude steel production is projected to rise 30.1% in the July-September quarter to a year earlier and reach 24.69 million tonnes, the Ministry of Economy, Trade and Industry (METI) said on Tuesday.

Demand for steel products, including exports, is expected to increase by 17.0% from July to September to 21.75 million tonnes a year earlier, the ministry said, citing an industrial survey.

The ministry expects exports to rise by 26.7%.

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