Japan: Tokyo Steel rolls over scrap purchase prices for first time in Dec’25

Tokyo Steel has revised scrap purchase prices effective 9 Dec’25. The last revision was on 20 Nov’25. In the latest round, the company maintained its prices which are applicable for all its plants. Post-revision, H2 scrap prices are as follows:

• Tahara, Okayama, Kyushu, Tokyo Bay: JPY 44,500/t ($286/t).
• Nagoya, Kansai: JPY 44,000/t ($283/t).
• Utsunomiya: JPY 43,500/t ($280/t).
• Takamatsu: JPY 39,500/t ($254/t).