ANALYSIS-Japan seeks new steel markets as S.Korea bulks up

Newswire

* S.Korea's thick plate capacity a threat to Japan rivals * Japan mills eye Middle East, Africa, new products * Japan may end up with excess capacity - analysts By Yuko Inoue and Miyoung Kim TOKYO/SEOUL Sept 24 (Reuters) - Rapid steel capacity expansion in Asia, led by South Korea, is forcing Japanese mills to review their export strategy in a region that accounts for a third of their total output, and to seek new export markets. The changing trade landscape will squeeze Japanese ...

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