Japan’s leading EAF mini-mill – Tokyo Steel has lowered its domestic purchase price further by JPY 500-1000/MT (USD 5-9) at it’s Tahara plant & Kyushu Factory, while prices cut by JPY 500/MT (USD 5) at other remaining works. The new prices for all grades shall be effective from tomorrow (4th Feb’20).
After the said price cut, the company will pay JPY 23,000/MT (USD 212) for H2 scrap delivered at Tahara plant in the central region, Kyushu works in the western region and Utsunomiya works located in the Kanto region. For H2 delivered to Okayama plant and Takamatsu Steel Center, the new price will be JPY 21,500 /MT (USD 198) and JPY 20,500/MT (USD 189) levels respectively.
Prices for “New breaking press A” delivered to Tahara Plant and Kyushu factory lowered by JPY 1000/MT (USD 9) and the new prices will be JPY 25,000 /MT (USD 230) and JPY 24500/ MT (USD 226).
Tokyo Steel’s Bids For Scrap Purchase from 4th Feb’2020
| Name of Work of Tokyo Steel | |||||
| Scrap Grade | Tahara Plant | Okayama Plant | Kyushu Factory | Utsunomiya Factory | Takamatsu Steel Center |
| Special Class (H2) | 23,000 | 21,500 | 23,000 | 23,000 | 20,500 |
| First Grade | 22,500 | 21,000 | 22,500 | 23,000 | 20,000 |
| Second Grade | 21,000 | 19,500 | 21,000 | 21,500 | 18,500 |
| New Breaking Press A | 25,000 | 22,500 | 24,500 | 25,000 | 21,500 |
| Shredder A | 24,500 | 22,000 | 23,500 | 23,500 | 21,000 |
| Shredder C | 24,000 | 21,500 | 23,000 | 23,000 | 20,500 |
Prices in JPY
Source: Tokyo Steel Reports
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