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China steel demand halts Nissan production

Nissan Motor said it would suspend production at three of its four Japanese plants for five days because capacity at its main steel suppliers, Nippon Steel and JFE Steel, is taken up with meeting exploding Chinese demand for sheet steel, and keeping up with other Japanese orders. The suspension reduces Nissan production by 5,000 vehicles a day, and cuts into plans to launch two new models in December. France's Renault holds a 44% stake in the automaker

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