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Shipbuilding Ship operations Australia

Japanese yards hold out for bigger steel price cuts

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NEWS that Nippon Steel has negotiated a 33% reduction in its iron ore supplies from Australian miner Rio Tinto has bolstered Japan’s shipyards stance in their fight for greater reductions in steel plate prices.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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