Japan steel shortage seen capping output,no downturn

Newswire

TOKYO, Nov 26 (Reuters) - Steel shortages are threatening to cap industrial output in Japan, but economists said on Friday a downturn in production was unlikely as long as demand for final goods such as cars remained strong. Nissan Motor Co. said this week it would stop some domestic output for five days due to tight steel supply, a move economists said could cut growth in the country's industrial output by as much as 0.2 percentage point next month. "Steel production is already near ...

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