The Ministry of Economy, Trade and Industry plans to urge steelmakers to cut their combined production capacity for crude steel from 145 million tons to under 125 million tons within three years, ministry officials said Monday.
Japan will present the plan as a nonbinding target Monday to the Organization for Economic Cooperation and Development during talks in Paris.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.