Japan: Tokyo Steel lifts scrap procurement prices by up to $21/t

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Japan’s major EAF steelmaker Tokyo Steel has increased scrap purchase prices this week.
The company raised bids for H2 scrap by up to JPY 3,000/t ($21/t) for four of its plants, effective 10 Sept.
After the adjustment, bid prices for H2 scrap are at JPY 51,000/t ($359/t) delivered to the Tahara and Utsunomiya plant.

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