Toyota seeks more steel from S.Korea, China-paper


TOKYO, Nov 26 (Reuters) - Toyota Motor Corp. plans to buy more steel from Chinese and South Korean steel makers in the expectation that steel supplies in Japan will remain tight for a long time, the Nihon Keizai Shimbun reported on Friday. The newspaper said the world's second biggest car maker would start using steel sheet made by South Korea's POSCO for doors and major exterior parts by as early as 2006. Toyota now gets about 80 percent of steel sheet it uses in its Japanese plants ...

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