Tag: 500/t ($3-6/t) for fourth time

Japan: Tokyo Steel cuts H2 scrap prices JPY 500-1,500/t ($3-6/t) for fourth time

Aug 24, 2026

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by

Ramavath Mounika

in Melting Scrap

Autumn construction demand expected to strengthen Purchase prices fall for ninth time since July Tokyo Steel, Japan’s largest EAF steelmaker, announced its fourth H2 scrap price cut in August, reducing purchase prices by JPY 500-1,500/t ($3-6/t) across all plants effective 22 August. The latest revision marks the ninth consecutive price cut since July, bringing H2…