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Business trends

Bolt shortage jams construction ahead of Tokyo Olympics

Shipments of other steel products disrupted as building plans are delayed

The New National Stadium, the main venue for Tokyo 2020 Olympics and Paralympics, is seen under construction in Tokyo's Shinjuku Ward.

TOKYO -- Japan's shortage of high-tension bolts has become so severe that construction projects are being put on hold, creating bottlenecks that may cut into demand for related materials.

Companies started delaying or suspending projects last fall, and the government recently took the unusual step of appealing directly to the private sector in an effort to secure a stable supply.

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