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Nippon Steel is also optimistic that demand growth will help it feed higher prices through to customers, Sakae said.
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But Sakae is worried about coking coal prices that rose unexpectedly after output cuts on strikes and outages in Australia.
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TEPCO vice-president Sakae Muto told journalists at the company's latest briefing that test results showing the plutonium came from samples taken a week ago.
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The company's iron ore term contracts for April-June quarter are expected to come at around $77-78 a tonne, up from $57 this quarter, Sakae said.