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06 May
11:39

Slow automotive demand could delay Nippon BF restart

Japanese steel producer Nippon Steel may delay its blast furnace restart due to the slow recovery of domestic automotive steel demand, Kallanish notes. The steelmaker is considering whether to postpone the resumption of its No.3 blast furnace at Nagoya Works for three weeks. This is because the demand outlook for automotive steel sheet is uncertain, as the local automotive industry supply chain has been slowed by semiconductor shortages. The Nagoya …
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