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Steel imports: risk of trade barriers in Japan

Domestic mills reel under surging cost of a key raw material and a jump in imports

Nation's top mills swung to losses in the first quarter warning that conditions could deteriorate.


A DIFFICULT year just keeps getting tougher for Japan's steelmakers, raising the possibility that the world's second-biggest producer could join the ranks of nations that have raised trade barriers to cheaper imports.

Forced to contend with an unprecedented glut of metal on...