Tag: Japan: H2 scrap export offers drop by $8/t w-o-w following Tokyo Steel’s price cut

This week, Japanese H2 scrap export offers saw a notable decline after Tokyo Steel announced a price cut at its Tahara plant. Tokyo Steel Manufacturing unexpectedly shut down its electric arc furnace at the Tahara plant due to damage to ancillary equipment. This incident preceded the reduction in bid prices for all grades of scrap…