Japan's Daiki seeks cheaper production sites abroad

Newswire

* Daiki's Japanese production down 3 percent yr-o-yr * Indonesia sees motorcycles boom, cars are next * Oversupply will put pressure on prices for aluminium alloys By Silvia Antonioli LONDON, May 31 (Reuters) - Japan's Daiki Aluminum is seeking cheaper production sites overseas following local car makers already forced abroad by an increasingly strong yen, shrinking domestic output and competition from China and South East Asia. The country's largest aluminium alloy producer, which ...

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