Steel prices in Japan slip to 4-year low as Chinese imports surge

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20250722N Baoshan Iron & Steel

An influx of cheap Chinese steel is bringing down prices of steel products in Japan. (Photo by Tomoko Wakasugi)

KOSUKE IGUCHI

TOKYO -- Steel prices in Japan are slumping in a market awash in Chinese products, with hot-rolled steel sheet hitting a four-year low.

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