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Japan Crude Stainless Steel 2012 Production Down Year-on-year
= Down 2.1% to 3,509,940 tons, while December production up 8.0% from November =
Crude stainless steel production in 2012 by the 7 major Japanese stainless steel mills was 3,509,940 tons, down 2.1% from 3,583,962 tons recorded in 2011. The production in the single month of December was 270,851 tons, up 8.0% from November.

The drop in 2012 production is attributable to the appreciated yen during most of the year, forcing the demand for stainless steel to stay low because of the stagnated exports of stainless steel products as well as the final products manufactured in Japan using stainless steel.
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last modified : Wed 20 Feb, 2013 [10:07]
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