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11 Nov
07:44

Nippon Steel suspends Thai operation

Japan’s Nippon Steel suspended operations at its steel processing company in Rayong province in Thailand on 9 November, according to local media. This was because of a continuing fall in steel sales and weak global automotive markets, Kallanish notes. Nippon Steel said that steel output from a full-time workload in November would exceed local steel demand. The mill has the capacity to produce 84,000 tonnes/year of cold rolled coil and 1…
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