22
Nov
10:22
Japanese earthquake has limited market impact
A magnitude 7.4 earthquake that struck off the Japanese coast on Tuesday morning is expected to have minimal impact on the steel market and tsunami warnings have now been cancelled. Nissan Motor was forced to briefly halt operations at one factory but infrastructure and buildings were apparently undamaged, Kallanish notes.
Nissan’s Iwaki plant in Fukushima was heavily damaged in the 2011 earthquake but resumed operation after just two months. A spokesperso…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous