Japan: Tokyo Steel trims buy prices for H2 scrap by $4/t

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Tokyo Steel, Japan’s largest EAF steelmaker, has lowered scrap purchase prices for the third time this week.
The company has slashed bids by JPY 1,000/t ($4/t) for four of its steelworks, effective 25 June.
Post-revision, the bid prices for H2 scrap are at JPY 54,000/t ($401/t) delivered to the Tahara plant, while prices remain unchanged for Utsunomiya works.

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