In August this year, Japan's seasonally adjusted industrial production increased 0.6 percent from the previous month, showing a month-on-month increase for the fifth consecutive month, while it showed a 0.4 percent increase compared to the same month last year, according to Japan's Ministry of Economy, Trade and Industry.
Meanwhile, in August, the country's iron and steel production increased by 2.4 percent as compared to the previous month, while producers' iron and steel shipments were down by 0.4 percent and iron and steel inventories were down by 0.8 percent, all compared to the previous month. Meanwhile, on year-on-year basis, the country's iron and steel production in August witnessed an increase of 0.3 percent.
In August, seasonally adjusted crude steel production including semi-finished steel products in Japan decreased by 1.7 percent compared to the previous month and was up by 0.2 percent on year-on-year basis. Producers' crude steel shipments in August were down by 13 percent compared to the same month last year.