April 2012 | Coated Steels
Japanese IPI declines. Is it about to rebound?: Asian Market Highlights
The strength of the yen continues to undermine export competition.
The arduous battle with its domestic economy, namely through a strengthening currency undermining economic policy threatening the competitiveness of Japanese material in the global export market, of which up until now has had a negative effect on prices in both the domestic and export market. The Industrial production indicator for metallic coated steels has seen a continued decline from its highs of 108.2 to the latest published figure of 83.9, a decline of 22.4%. However, over the...
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