The Survey Report on the Market Structure of the Flat Glass Industry was Compiled

The Ministry of Economy, Trade and Industry (METI) investigated the market structure of the flat glass industry pursuant to Article 50 of the Industrial Competitiveness Enhancement Act and compiled the results into a report which was published on June 26, 2015.

In this report, METI assumes that Japan will face severe situations in the field of flat glass, such as decreases in domestic demand due to economic sluggishness, decreases in new housing construction and domestic automobile sales, as well as increases in imports from foreign countries including China, which has been oversupplying flat glass.Based on this information, METI forecasts the trends in the future flat glass supply-demand balance.

Read more at: www.meti.go.jp/english/press/2015/0626_03.html

600450 The Survey Report on the Market Structure of the Flat Glass Industry was Compiled glassonweb.com
Date: 6 July 2015
Source: www.meti.go.jp

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