In March this year,
Japan's seasonally adjusted industrial
production increased 1.3 percent from the previous month, while the original index indicated an increase of 14.2 percent compared to the same month last year.
According to the revised Indices of Industrial
Production report published by
Japan's Ministry of Economy, Trade and Industry, in March the Japanese iron and steel
production index increased six percent year on year, while
Japan's seasonally adjusted iron and steel
production index increased 1.8 percent in March compared to February. Meanwhile, in March Japanese producers' iron and steel shipments rose by 4.5 percent and iron and steel inventories were up by 2.1 percent, both compared to the previous month.
In March, the seasonally adjusted
crude steel production index including semi-finished steel in
Japan increased by 1.3 percent compared to the previous month and was up by 3.3 percent on year-on-year basis. Producers'
crude steel shipments in March were up by 8.4 percent compared to the previous month and down 3.4 percent compared to the same month last year.