Japan: Tokyo Steel raises scrap purchase prices by JPY 500/t ($3/t) at all plants

Japan: Tokyo Steel raises scrap purchase prices by JPY 500/t ($3/t) at all plants

Tokyo Steel has revised scrap purchase prices for the third time this month, effective 20 Nov’25. In this latest round, the company increased prices by JPY 500/t ($3/t) at all plants. Post-revision, H2 scrap prices were as follows:

  • Tahara, Okayama, Kyushu, Tokyo Bay: JPY 44,500/t ($282/t).
  • Nagoya, Kansai: JPY 44,000/t ($279/t).
  • Utsunomiya: JPY 43,500/t ($276/t).
  • Takamatsu: JPY 39,500/t ($251/t).

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