Tag: Japan scrap demand

Japan: Tokyo Steel raises H2 scrap prices by JPY 500-1,000/t ($3-6/t) again as October demand outlook strengthens

Oct 8, 2026

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by

Ramavath Mounika

in Melting Scrap

Kanto tender expectations boost seller sentiment Scrap demand expected to strengthen in October Tokyo Steel, Japan’s largest EAF steelmaker, raised H2 scrap purchase prices by JPY 1,000/t ($6/t) at Tahara, Nagoya, Utsunomiya and the Tokyo Bay satellite yard, and by JPY 500/t ($3/t) at Okayama, Takamatsu and Kyushu, effective 9 October. This marked the company’s…