Steel mills nervous as Japanese automakers turn to South Korea

Aug 24, 2012 | 12:20 PM | None

Tags  steel, auto, Ministry of Economy Trade and Industry, Steel First

TOKYO — South Korean steelmakers could take a 20-percent share of Japan’s auto steel market as Japanese mills lose competitive advantage in their own country.

Aggressive rivalries between South Korean, Chinese and Japanese mills are raising trade tensions on the seaborne market in east Asia, and are also disrupting traditionally close relationships between Japanese mills and....

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