Japan’s leading EAF mill- Tokyo Steel has increased its scrap purchase price for four works by upto JPY 2,000/t ($19), effective from today (26th Dec’20). The company would now pay JPY 43,000/t ($416) for H2-scrap delivered at both Tahara and Utsunomiya works. Notably, this is the company’s 11th price hike in December.
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