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Nippon Steel mulls restarting blast furnaces over Oct-Mar

Mysteel - Nippon Steel, Japan’s largest integrated mill, have been mulling the restart of two idled blast furnaces in the second half of fiscal 2020 (October 2020-March 2021) on noting the steady improvement in steel demand from the country’s auto sector, a Nippon Steel official confirmed on September 4.

The company have so far halted six of its 16 blast furnaces across Japan in response to the weakened demand by the COVID-19and the remaining Sino-U.S. trade tension since late last year, as reported. Starting June, though, the demand of carbon and stainless steel from the Japanese auto manufacturers have been recovering steady and steel consumption will

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