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Nissin Steel to raise stainless steel output to meet demand

It is reported that Japan's Nissin Steel may increase crude stainless steel production in the fourth quarter to meet domestic demand. Japan observes thee demand recovery in domestic market in auto making and home appliance manufacturing sectors starting in May this year. However, the demand from construction sector remains sluggish. Nissin Steel plans to produce 130,000 tonnes in the third quarter.

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