Japan: Tokyo Steel hikes scrap purchase prices by $19/t

  • Japan’s major EAF steelmaker, Tokyo Steel, has resumed scrap purchases after nearly a month’s gap, post the Kanto tender outcome. The company has increased buy prices by JPY 2,500/t ($19/t) for all plants, effective 10 Feb’23.
  • After the final revision, prices for H2 scrap stand at JPY 53,500/t ($408/t), delivered to the Tahara, Utsunomiya, and Okayama plants.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *