Japan: Tokyo Steel trims scrap procurement prices at Tahara, Utsunomiya plants

Japan’s Tokyo Steel adjusted scrap procurement prices for the second time this month (previous revision on 11 Dec). Prices remained steady at all plants, except for Tahara and Utsunomiya, where tags fell JPY 500/t ($3/t), effective 20 Dec. Post-revision, H2 stood at:

• Okayama: JPY 41,500/t ($264/t)
• Tahara, Utsunomiya: JPY 41,000/t ($261/t)
• Kansai, Kyushu: JPY 40,500/t ($258/t)
• Nagoya, Takamatsu: JPY 40,000/t ($255/t)