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Steelmakers' business gets harder and harder
Customers - especially carmakers - have been demanding more advanced products to cut weight while retaining strength and versatility
A ship moored at a Kobe Steel plant in Kakogawa, Hyogo, Japan; Kobe Steel's fake data scandal throws up the harsh reality that Japanese steel companies are facing - the need to provide higher and higher quality metals to compete.
PHOTO: BLOOMBERG
Tokyo
BEHIND the scandal engulfing Kobe Steel Ltd over the falsification of data for some of the materials that it supplied is a harsh reality for Japanese steel companies: the need to provide higher and higher quality metals to compete.
Kobe Steel rocked Japan's industrial economy...
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