Japan July-September crude steel output seen up 30.1% year-on-year -METI By Reuters

© Reuters. FILE PHOTO: A production line of Nippon Steel & Sumitomo Metal Corp.’s Kimitsu steel plant is pictured in Kimitsu, Chiba Prefecture, Japan, May 31, 2018. REUTERS/Kim Kyung-Hoon

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

Demand for steel products, including those for exports, is forecast to increase 17.0% to 21.75 million tonnes in July-September versus a year earlier, the ministry said, citing an industry survey.

Exports are forecast to rise 26.7%, the ministry said.

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