Author: Nishtha Mukherjee
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Japan’s Tokyo Steel Further Cuts Scrap Purchase Price
Decline in scrap prices in Gulf Kanto region, on weaker export shipments over rising scrap inventories with EAF manufacturers continue to weigh down domestic scrap purchase prices in Japan. Japan’s leading EAF steel producer – Tokyo Steel has reduced its domestic scrap purchase prices by Yen 500-1000/MT. The steel manufacturer has lowered purchase price for…