Japan’s stainless steel output up in July

Japan produced 258,672 tons of stainless steel products in July, up by 1.4% and 8% from the previous month and the same period a year ago respectively, according to the statistics from the Ministry of Economy, Trade and Industry (METI).

Among them, the country’s output of chrome-based and nickel-based stainless steel totaled 118,979 tons and 139,693 tons, down by 1.1% and up by 3.6% from the same month a year ago respectively.

The stainless steel stocks at the Japanese mills totaled 11,103 tons in the end of July, up by 32.7% year on year.

Source: http://www.yieh.com/