Japan's steel industry wants new govt to maximise use of nuclear power

Japan's steel industry wants new govt to maximise use of nuclear power

17/9/2021 8:31:00 AM

Japan's steel industry wants new govt to maximise use of nuclear power

TOKYO : Japan's steel industry wants the new government to pursue an energy policy that features maximum use of nuclear power, Industry federation chief Eiji Hashimoto told a news conference on Friday.Hashimoto, the chairman of the Japan Iron and Steel Federation, is also the president of the country's bi

TOKYO : Japan's steel industry wants the new government to pursue an energy policy that features maximum use of nuclear power, Industry federation chief Eiji Hashimoto told a news conference on Friday.Hashimoto, the chairman of the Japan Iron and Steel Federation, is also the president of the country's biggest steelmaker, Nippon Steel Corp.

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The company will approach large domestic customers, such as automakers, to seek further increases in steel prices, Hashimoto added, as well as changes to a semi-annual price negotiation scheme in which prices are usually set after product shipment.(Reporting by Yuka Obayashi; Editing by Clarence Fernandez)

Read more: CNA »

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