Pipe project halt mayhit Japan moly demand

摘要

Concerns are looming amongmolybdenum and ferrochrome marketparticipants in Japan that Russia’s decisionto stop the South Stream gas pipelineproject will impact demand, sourcessaid Tuesday. Japanese steelmaker Nippon Steel &Sumitomo Metal Corp suspended shipmentof UOE steel pipe from its Kashima plantlast year and production remains suspended,a mill spokeswoman said Tuesday.