Tag: 000/t ($316/t) as Tokyo Steel raises bids

Japan: Kanto scrap prices return to JPY 50,000/t ($316/t) as Tokyo Steel raises bids

Oct 15, 2026

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by

Ramavath Mounika

in Melting Scrap

Benchmark H2 prices return to JPY 50,000/t level for 1st time in 2.5 months Improving Vietnamese demand for Japanese scrap supports domestic prices Ferrous scrap purchase prices in Japan’s Kanto region rose by JPY 1,000/t ($6/t), bringing the H2 benchmark back to JPY 50,000/t ($316/t) for the first time in around two and a half…