Tag: fifth cut in August

Japan: Tokyo Steel cuts H2 scrap prices by JPY 500/t ($3/t), fifth cut in August

Aug 27, 2026

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by

Ramavath Mounika

in Melting Scrap

H2 prices now JPY 47,000-49,500/t DAP Slow steel market weighs on demand Tokyo Steel, Japan’s largest EAF steelmaker, announced its fifth H2 scrap price cut in August, reducing purchase prices by JPY 500/t ($3/t) at its Tahara plant effective 26 August, while prices at other plants remained unchanged. The cut brought H2 purchase prices to…