Japan: Tokyo Steel cuts ferrous scrap buy prices by up to $13/t

  • Japan’s major EAF steelmaker, Tokyo Steel, has lowered ferrous scrap procurement prices by up to JPY 1,500/t ($13/t) for all plants, effective 25 Mar’23.
  • After the revision, prices for H2 scrap stand at JPY 54,000/t ($415/t), delivered to the Tahara, Utsunomiya, and Okayama plants.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *