In July this year, Japan's seasonally adjusted industrial production increased 0.4 percent from the previous month, showing a month-on-month increase for the fourth consecutive month, while it showed a decrease of three percent compared to the same month last year, according to Japan's Ministry of Economy, Trade and Industry.
Meanwhile, in July the country's iron and steel production decreased by 0.7 percent as compared to the previous month, while producers' iron and steel shipments were down by 2.7 percent and iron and steel inventories were up by 1.6 percent, all compared to the previous month. Meanwhile, on year-on-year basis, the country's iron and steel production in July witnessed a decrease of 3.5 percent.
In July, seasonally adjusted crude steel production including semi-finished steel products in Japan increased by 1.1 percent compared to the previous month and was down by 0.4 on year-on-year basis. Producers' crude steel shipments in July were down by 0.2 percent compared to the same month last year.