Tag: Japan Kanto scrap prices hit 19-month high amid export concerns

Mills increase purchase prices to prevent scrap outflows Global scrap supply tightens, Iranian billet shipments slow Japan Metal Daily: Electric furnace steelmakers in Japan’s Kanto region raised steel scrap purchase prices by around JPY 2,000/t ($13/t), led by Tokyo Steel, which increased prices at its Utsunomiya plant and Tokyo Bay Satellite Yard from 12 March.…