In February this year, Japan’s crude steel production decreased by 4.3 per cent compared to the previous month and by 5.3 per cent compared to February 2022, totalling 6.91 million tons, according to data released by the Japan Iron and Steel Federation (JISF).

Meanwhile, total iron ore production in Japan reached 4.98 million tonnes in February 2023, down by 6.4 per cent from the previous month and 4.8 per cent year-on-year.

From January to February this year, Japan’s crude steel output reached 14.13 million tonnes, down by 6.1 per cent, while iron ore output reached 10.31 million tonnes, down by 6.6 per cent, year on year.