Japan: Tokyo Steel raises scrap purchase prices across all plants amid firm market sentiment

Tokyo Steel has increased scrap purchase prices across all its plants in its latest price revision, effective 7 Apr’26. Prices rose by JPY 1,000/t ($6/t) across all plants, with Tahara, Nagoya, Okayama, Kansai, Kyushu, Utsunomiya, and Tokyo Bay yard all reaching JPY 51,000/t ($320/t). Price announcements for Takamatsu remained suspended. The increase reflects continued firm domestic demand and supportive trends in overseas markets.