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05 Mar
11:24

NSSMC sees overseas investments countering protectionism

Japan’s Nippon Steel and Sumitomo Metal Corporation (NSSMC) says it plans to increase investment in integrated steel operations overseas. This is in order to expand its supply to regions with demand growth and to avoid an increasingly protectionist market. It also says it will further develop alliances and acquisitions in overseas markets, Kallanish notes. “With the world economy expected to remain strong, global steel demand is projected t…
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