Japan: Tokyo Steel lifts scrap buy prices by $8/t

  • Tokyo Steel has raised scrap purchase prices for the fourth time this month.
  • The company increased bids by $8/t for the Tahara and Utsunomiya plants.
  • Post revision, the company’s bid price for H2 scrap stands at JPY 64,000/t ($529/t) delivered to Tahara and Utsunomiya effective 23 Mar’22.

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