Tag: Japan electric furnace steelmakers

Japan: Kanto scrap prices rise by JPY 500/t as mills anticipate firmer export market

Oct 6, 2026

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by

Ramavath Mounika

in Melting Scrap

Tokyo Steel raises prices at two sites Kanto tender may influence export prices Electric furnace steelmakers in Japan’s Kanto region continued to raise scrap purchase prices, with buying levels increasing by around JPY 500/t ($3/t). Tokyo Steel lifted H2 purchase prices by JPY 500/t ($3/t) at its Utsunomiya plant and Tokyo Bay satellite yard from…