Japan's steel industry wants new govt to maximise use of nuclear power


TOKYO, Sept 17 (Reuters) - Japan's steel industry wants the new government to pursue an energy policy that features maximum use of nuclear power, Industry federation chief Eiji Hashimoto told a news conference on Friday.

Hashimoto, the chairman of the Japan Iron and Steel Federation, is also the president of the country's biggest steelmaker, Nippon Steel Corp 5401.T.

The company will approach large domestic customers, such as automakers, to seek further increases in steel prices, Hashimoto added, as well as changes to a semi-annual price negotiation scheme in which prices are usually set after product shipment.

(Reporting by Yuka Obayashi; Editing by Clarence Fernandez)

((Yuka.Obayashi@thomsonreuters.com; +813-4520-1265;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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