Author: Kedar

  • Japan: Tokyo Steel Reduces Scrap Purchase Price by USD 9/MT

    Japan: Tokyo Steel Reduces Scrap Purchase Price by USD 9/MT

    Amid sharp fall in global scrap prices and recent fall in bids placed by South Korean steel mills for Japanese scrap, Tokyo steel has cut scrap purchase prices by JPY 1000/MT at all its different works with effect from tomorrow (i.e. 07 Feb’18). Japan’s leading EAF steel producer – Tokyo Steel has cut its domestic scrap purchase prices the second time today after registering first…