- Tokyo Steel has lowered scrap purchase bids for two steelworks after a gap of three weeks.
- H2 grade scrap prices have corrected by JPY 500/t ($4/t). Post-revision, the company’s price for H2 scrap stands at JPY 54,500/t ($480/t) for the Tahara and Utsunomiya works.
- However, the price for New press A grade stands at JPY 58,500/t ($515/t), down 2,500/t ($22/t) against the last revision.
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