Japan: Tokyo Steel reduces scrap buy prices by $15/t

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Tokyo Steel has trimmed scrap purchase prices for the second time this week after the last revision made on 27 July.
The company has cut the bid by JPY 2,000/t ($15/t) for all of its plants, effective 29 July.
After adjustment, bid prices for H2 scrap are at JPY 42,000/t ($310/t) delivered to the Tahara plant, and JPY 41,000/t ($302/t) to the Utsunomiya works.

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