Japanese steel girds for challenges ahead

Oct 10, 2013 | 11:07 AM | Catherine Ngai

Tags  steel, Japan steel, regulations, automotive industry, energy prices, JFE Steel, Eiji Hayashida, World Steel Association Catherine Ngai

SÃO PAULO — Japanese steelmakers have a number of systemic challenges ahead, including tough regulations, sky-high energy prices and the increasing loss of its automotive industry.

"Electricity is one of the negative factors which prevents growth in the future. ... The central government is trying to start up a number of nuclear (power) plants, but local government is taking a very cautious position," JFE....

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