30
Sep
11:15
NSSMC to restore steel production levels
Japan’s Nippon Steel and Sumitomo Metal Corporation (NSSMC) is restoring steel output to normal levels after several months of reduced output to push down inventories, executives say. The company also says it could expand its international investment programme from 2018, Kallanish notes.
NSSMC cut production by almost 10% in the April quarter due to weak domestic demand and high inventory levels. It lifted output only slightly in the July quarter…
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Anonymous
Very good overview of the weekly steel market.
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