Tag: Japan scrap export prices

Japan’s leading EAF steel mini-mill – Tokyo Steel slashed its scrap purchase prices again effective from tomorrow (10th Nov). The steelmaker has observed four successive price cuts in last 10 days’ time in which prices have reduced by JPY 2500-3500/MT (USD 23-32/MT) from a temporary peak achieved during Oct’18. Amid weakening Japanese scrap exports and…