Weaker yen impacts Japan steel trade

Jul 03, 2013 | 09:47 AM |

Tags  Japan steel, Japan Iron and Steel Federation, steel imports, steel exports, weakening yen

TOKYO — The weakening yen is having a dramatic impact on Japanese steel trade, according to the latest industry figures.

Steel exports in the first five months of this year have risen almost 10 percent compared with the same period last year, while imports have fallen 9.3 percent to 2.96 million tonnes in the same comparison, according to the Japan Iron and Steel Federation.....





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