Weakening yen ‘reshaping' Asian steel sector

May 10, 2013 | 09:44 AM | Weilyn Loo

Tags  Japan, China, Korea, steel, billet, yen, currency

SINGAPORE — The continued weakening of the Japanese currency is expected to reshape the competitive landscape of the Asian steel sector, according to analysts at Credit Suisse Group AG.

This could potentially make Japan the most competitive Asian producer, particularly in the Asian export market and the high-end flat steel segment, the bank’s analysts said in a report May 9. ....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results