Kobe Steel

https://www.nytimes.com/2017/10/10/b...eel-japan.html

https://www.bloomberg.com/news/artic...-over-a-decade

I'm the last one that should bring up business issues but I ran across this story and it got me concerned.



The products that this company produces sees to affect almost everyone on the planet. What is this going to do to the scrap market? Will we see affects right away or down the road? How will this affect the domestic steel production?

Anyone with a greater insight on the subject is welcome to add there wisdom.
Any other links to more info is also welcome. My knowledge on the steel industry is limited.