Japan: Tokyo Steel raises scrap purchase prices by JPY 500/t ($4/t)

  • Tokyo Steel has raised scrap purchase prices for the fifth time this month.
  • The company increased bids by $4/t for the Tahara and Utsunomiya plants.
  • Post revision, the company’s bid price for H2 scrap stands at JPY 64,500/t ($521/t) delivered to Tahara and Utsunomiya effective 30 Mar’22.

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