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22 May
18:32

Nippon Steel says Asean replaces USA

Japan’s Nippon Steel and Sumitomo Metal Corporation (Nippon Steel) says that global demand is providing a cushion for the impact of US import duties on steel. It is still concerned about the knock-on impact on its key Southeast Asian steel markets however, Kallanish notes. “There has been no major impact from the U.S. tariffs thanks to solid global demand,” Nippon Steel executive vice president Katsuhiro Miyamoto told Reuters in a recent interv…
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