Tag: domestic scrap procurement prices

Japan: Tokyo Steel cuts scrap buying prices by JPY 500/t ($3/t)

Sep 6, 2024

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by

Adarsh Ramteke

in Melting Scrap

Tokyo Steel has reduced domestic scrap procurement prices for the fourth consecutive week, effective 7 Sep’24, with a total drop of JPY 1,500/t ($10/t). Prices are now: Tahara, Okayama, Kansai, and Kyushu plants: JPY 44,500/t ($311/t). Takamatsu, Utsunomiya plants: JPY 43,500/t ($304/t). Nagoya plant: JPY 43,000/t ($301/t).