analyst certification and required disclosures begin on page 11 1 ubs does seeks to do business with companies covered in its research reports as a result investors should be aware that the firm may have conflict of interest could affect objectivity this report consider only single factor making their investment decision japan steel global equity market comment ab watch advanced nations addressing china s intensive exports data check from metal bulletin nikkei shimbun newspaper cmw indicate prices for many product categories rose 7 june through 16 but those crc fell stainless also declined there was no major change other regions continues boost output hrc expanded sharply april capacity utilization at existing mills considerably due price increases some new facilities came stream is exporting briskly mainly europe us seeing slowdown imports consequently domestic supply demand tightening allowing rises