[Gravityloss]

Why does Japan need so much power? Does steel actually have to be manufactured on the spot? Maybe it could be done somewhere with better availability of energy resources? (Like nuclear power in Korea or solar in Australia)

I already know that for example aluminum is manufactured in Iceland. In a way it's an energy export.

[yorwba]

Japan and Korea are currently locked in a trade dispute. If Japan were dependent on Korean steel, that would give Korea more leverage.