Author: Kalpesh Padhiar
-
Japan: Tokyo Steel cuts HRC prices by JPY 3,000/t ($20/t) m-o-m for Oct’25
Latest reduction follows 6 months of price stability China’s Baosteel keeps Oct’25 HRC prices unchanged Tokyo Steel, Japan’s leading electric arc furnace (EAF) steel producer, has cut hot-rolled coil (1.722 mm) prices by JPY 3,000/tonne (t) ($20/t) for October 2025 sales. The company reduced prices after keeping them stable for six months in a row.…