• Kyodo

  • SHARE

Nippon Steel Corp. will reduce steel output due to expected falls in demand in the wake of the flooding in Thailand and the stagnating global economy.

The steelmaker said Wednesday output is expected to be cut by roughly 250,000 tons via a sooner-than-planned shutdown of a furnace at its plant in Kimitsu, Chiba Prefecture, on Dec. 1 for renovation.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW