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The Price for Japanese Steel to Rise

The Price for Japanese Steel to Rise

Friday, April 2, 2004
 
According to a story last week from the Agence France Presse, Japanese steelmakers expect to raise prices of sheet steel by five to 10 percent in April, due to rising prices—as much as 20 to 30 percent--for iron and coal. The country’s largest steelmaker, Nippon Steel, and other suppliers are negotiating with major customers including carmakers and shipbuilders.

 

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