Japan: Tokyo Steel raises scrap procurement prices by JPY 1,000/t ($7/t) at Kansai plant

Tokyo Steel has adjusted scrap procurement prices for the second time this month, effective 21 Feb’25. Prices remain stable at all plants except Kansai which rose by JPY 1,000/t ($7/t). Post-revision, H2 prices were:

• Okayama, Kyushu, Kansai: JPY 42,000/t ($279/t)
• Tahara: JPY 40,500/t ($269/t)
• Utsunomiya: JPY 40,000/t ($266/t)
• Takamatsu: JPY 39,500/t ($262/t)
• Nagoya: JPY 39,000/t ($259/t)