- Japan’s leading EAF steel mill, Tokyo Steel, has cut back scrap purchase prices for the first time in Sept’21.
- The company has decreased prices by JPY 500/t ($5) for one of its steelworks, effective from 3 Sept.
- Following today’s revision, the company would pay a bid price for H2 scrap at JPY 47,500/t ($432) for the Utsunomiya plant. However, prices for the company’s four other steelworks remain unchanged.
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