Author: Nishtha Mukherjee

Japan: Tokyo Steel hikes scrap buying prices up to $13/t

Mar 19, 2022

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by

Nishtha Mukherjee

in Melting Scrap

Tokyo Steel has hiked scrap purchase prices for the third time this month. The company has increased bids by $4/t for Tahara and Utsunomiya plants and by $13/t for Takamatsu plant. Post-revision, the company’s bid price for H2 scrap stands at JPY 63,000/t ($530/t) delivered to Tahara and Utsunomiya plants, effective 19 Mar’22.