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09 Oct
10:28

TPP may boost Japanese steel demand

Japanese automakers are expected to be among the greatest beneficiaries of the Trans-Pacific Partnership (TPP), if it is finally ratified by all 12 governments. Although details of the deal have not been made public, Japanese firms should have greater access to the US market, boosting steel demand for Japanese autosheet suppliers, Kallanish notes. Japan’s automotive sector accounted for at least 19.5% of domestic shipments over April-July 2015 at 2.77 mill…
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