Tokyo Steel: to cut Nov steel prices on weak demand
TOKYO |
TOKYO Oct 19 (Reuters) - Tokyo Steel Manufacturing (5423.T) said on Monday it would cut its November steel prices due to weak demand, in its first across-the-board price reduction since April.
An executive at Japan's biggest construction steel maker said prices in China have been declining while domestic demand remains weak. (Reporting by Yuko Inoue)
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