19
Feb
17:42
Honda UK withdrawal highlights wider challenge for steel
The decision by Honda to cease vehicle production in the UK by 2021 should have limited direct effect on the UK steel sector, Kallanish notes. The wider implications for a ferrous sector already on the back foot following years, if not decades, of reversals are however significant.
Although data is not readily available, it is likely that Honda is sourcing some of its steel from Japan, and is therefore part of the 50-60% of UK steel demand already sat…
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Anonymous
Very good overview of the weekly steel market.
Anonymous