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Honda May Airlift Japanese Steel into U.S.

Honda May Airlift Japanese Steel into U.S.

Tuesday, July 2, 2002
 
According to news reports, The Honda Motor Company is prepared to airlift as much as 2000 tons of Japanese-made carbon-steel sheet to its North American automotive plants if it can't secure sufficient supplies from U.S. steel producers. The firm blames the steel-import tariffs for a possible shortfall in the next month or so. It currently sources more than 90 percent of the steel for its U.S. plants from domestic suppliers.

 

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