Tag: Japan: Kanto electric furnace scrap prices rise selectively amid tight arrivals

Tokyo Steel raise prices by JPY 1,000/t at Utsunomiya plant Low scrap generation in Northern Kanto tightens supply Japan Metal Daily: Ferrous scrap purchase prices by electric furnace-based steel manufacturers in Japan’s Kanto region witnessed selective increases, driven mainly by tight availability in certain areas. Tokyo Steel raised its purchase prices of specific scrap grades…