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

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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.

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