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Iron and Steel News08/30/2010

Japan Special Steel Output to Keep High Level in 2H F2010
Japanese integrated steel makers expect they can keep high level production of special steel in second half of fiscal 2010 ending March 2011 as the first half when Japanese finished car and automotive parts will keep strong. The makers expect strong offshore demand covers potential lower domestic demand when subsidiary will finish for eco-friendly vehicle purchase by end of September. The makers expect the demand for construction and industrial machinery will keep strong mainly due to offshore demand. However, the steel makers concern higher yen rate, which could reduce their profitability.


Today's Japan Metal Bulletin E-mail
Japan Special Steel Output to Keep High Level in 2H F2010
Hyundai Steel to Raise Rebar Price to Cover Higher Scarp Cost
Toyota's Domestic Car Production to Keep 12,000 Units/Day for Oct-Nov
Dongbu Metal Starts New Electric Furnace as Part of Expansion
METI Warns Higher Yen Rate Squeezes Japan Manufacturers

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