Signs of recovery
On May 27 and 28, Japan welcomed world leaders to the G7 Ise-Shima Summit Meeting. In a 32- page Leaders' Declaration document, made public on the closing day of the event, the word 'steel' appeared three times not as an engine for global economic growth, but as a symbol of industrial...
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Published in | Steel times international Vol. 40; no. 6; p. 16 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Redhill
Quartz Business Media Ltd
01.09.2016
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Subjects | |
Online Access | Get full text |
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Summary: | On May 27 and 28, Japan welcomed world leaders to the G7 Ise-Shima Summit Meeting. In a 32- page Leaders' Declaration document, made public on the closing day of the event, the word 'steel' appeared three times not as an engine for global economic growth, but as a symbol of industrial products suffering from global excess capacity. Countries such as the USA and EU have started to investigate or impose anti-dumping duties and/or safeguard measures for increasing imported steel products from export-oriented countries such as China. Japan is no exception, but there are some signs of recovery in the Asian steel market despite successive announcements by major Japanese corporations highlighting poor financial performances earlier in 2016. |
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Bibliography: | ObjectType-Article-1 SourceType-Scholarly Journals-1 ObjectType-Feature-2 content type line 23 |
ISSN: | 0143-7798 |