Tag: Japan: Kanto scrap prices rebound after four months as Tokyo Steel raises buying prices

Tokyo Steel raises scrap purchase prices by JPY 500/t ($3/t) Hike comes amid stronger export realisations due to weaker JPY Steel scrap purchase prices in Japan’s Kanto region rebounded after about four months, supported by higher buying prices from electric-furnace mills. Tokyo Steel raised purchase prices for all grades by JPY 500/t ($3/t) at its…