Tag: Japan EAF mills

Weak demand, lower collection prices in Kanto Bay prompt cut Demand from Vietnam remains muted despite weaker yen Tokyo Steel, Japan’s largest electric arc furnace (EAF) steelmaker, announced its first H2 scrap price cut for August, reducing purchase prices by JPY 1,000/t ($6/t) across all plants, effective 4 August. The reduction reflects weak domestic scrap…