Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
Japan’s crude steel output in fiscal 2025 fell 3.2% from a year earlier, dropping to its lowest level since fiscal 1968 as weak demand from the manufacturing and construction sectors continued to weigh on production. The decline highlights the pressure on Japan’s steel industry at a time when domestic consumption remains soft and mills are navigating a challenging market environment. As the world’s fourth-largest steel producer, Japan’s slowdown is being closely watched across the regional steel trade, especially as demand recovery remains uneven. For steelmakers, the latest numbers point to continued caution around output planning, pricing, and downstream demand visibility. The drop also reinforces broader concerns about slower industrial activity and weaker construction-linked steel consumption in one of Asia’s key steel markets.
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