Tag: Japan scrap exports
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Japan: Tokyo Steel hikes domestic scrap purchase price on improved demand
Japan’s leading EAF mini mill- Tokyo Steel has announced an increase its scrap purchase price by JPY 500/t ($5) for one of its four plants amid overall stronger demand from local mills. Revised prices have come into effect from today (3rd Nov’20). After price hike, the company would pay JPY 27,500/t ($262) for H2 scrap…