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07 Jun
11:02

Nippon Steel aims to lift steel prices

Nippon Steel hopes local manufacturers can accept an increase in steel prices to maintain stable supply, the Japanese steel producer’s executive vice-president, Takahiro Mori, said in an interview with Bloomberg. Japanese steel prices are lower than international levels, and the producer believes its earnings have been undermined as a result, Kallanish notes from the interview. Nippon Steel hopes to re-negotiate base prices with major customers to …
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