Tag: 500/t ($16/t)across plants following Kanto tender increase
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Japan: Tokyo Steel raises scrap purchase prices by up to JPY 2,500/t ($16/t)across plants following Kanto tender increase
Price hike announced across multiple Tokyo Steel plants Increase follows firm export and domestic scrap sentiment Tokyo Steel increased its scrap purchase prices across most plants, effective 12 Mar’26, marking its third price revision this month. Prices were raised by JPY 2,000/t ($13/t) at Tahara, Nagoya, Okayama, Kyushu, Utsunomiya, and Tokyo Bay plants, while the…