Japan’s Tokyo Steel lowers monthly steel prices by up to JPY 8,000 ($58/t) for September

Japanese EAF steel producer, Tokyo Steel, has decided to reduce its monthly steel prices on the back of a fall in global steel prices. Effective offers:

• HRC (1.7-22mm): JPY 115,000/t ($838/t), down by JPY 8,000/t ($58/t)
• Rebar (D13-25mm): JPY 97,000/t ($707/t), down by JPY 5,000/t ($36/t)