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By Masumi Suga (Bloomberg) Japanese manufacturers are increasingly looking to move offshore operations to their home market, according to a Tokyo Steel Manufacturing Co. executive. The rapidly weakening yen that. ....
Japan’s top steelmaker said it’s close to securing price hikes from domestic manufacturing giants, signaling the balance of power is shifting from buyers to sellers as the alloy’s price surges. “We’ve seen big progress in correcting contract prices,” Nippon Steel Corp. Executive Vice President Takahiro Mori said Friday in an… ....
To understand why everything from a can of beer to an electric vehicle is likely to get pricier, negotiations over aluminum fees in Japan provide a vivid lesson. ....