Japan: Tokyo Steel raises Kyushu scrap buying prices by JPY 1,000/t ($6/t), other locations unchanged

• Scrap prices increased following five price hikes in October 2026.
• Kyushu, Tahara prices remain highest across all sites

Tokyo Steel has increased scrap buying prices at its Kyushu plant by JPY 1,000/tonne (t) ($6/t), effective from 22 October 2026, while prices at the remaining seven locations remained unchanged at JPY 51,000-52,500/t ($323-332/t). The reduction followed the company’s fifth scrap price hike in October.

The revision brought Kyushu’s buying price to JPY 52,500/t ($332/t), matching Tahara and maintaining the highest level among the listed locations. Meanwhile, Utsunomiya and the Tokyo Bay region satellite yard remained at JPY 51,000/t ($323/t), the lowest among the company’s listed locations.