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18 Apr
11:48

Earthquakes hit Japanese steel demand

Japanese steel demand is likely to suffer after two major earthquakes at the end of last week forced carmakers to suspend some production. Although Japan’s domestic steel demand is expected to improve from last year, another hit to its large automotive sector will not be welcome news for steelmakers, Kallanish notes. The two earthquakes, on Thursday and Saturday, killed 41 people and also disrupted manufacturing supply chains. Toyota, Honda and N…
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