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Nissan to focus on cost, tech with policy beyond its control

  Bloomberg Nissan Motor Co., the Japanese automaker that’s become symbolic of what it means to be a truly global manufacturer, has a simple plan to navigate an unprecedented level of uncertainty around policy and regulation: focus on what’s in its control. “The regulations are not in our control, but what is in our control is that we stay competitive ...

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China’s illegal scrap mill crackdown closes in on biggest steel-making city

  Bloomberg China’s crackdown on illegal steel mills, which has sent prices to two-year highs, would target about 6 percent of output in the nation’s biggest steel-making city of Tangshan, according to consultancy Mysteel Research. Tangshan’s total output of about 100 million metric tons — around an eighth of the nation’s supply — includes about 6 million tons of steel ...

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Japan cuts Q3 growth estimate as business spending drops

  Bloomberg Japan unexpectedly cut its reading of third-quarter economic growth to an annualized 1.3 percent, from a preliminary estimate of 2.2 percent expansion. The revision was driven by drops in business spending and in private inventories. Meanwhile, the government’s projection for the overall size of the economy rose, thanks to changes in the way gross domestic product is calculated. ...

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