Tag: Japan scrap market

Japan: Tokyo Steel hikes scrap prices across all mills amid firm market sentiment

Mar 20, 2026

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by

Devanshu Agrawal

in Melting Scrap

Tokyo Steel has increased scrap purchase prices across all its plants in its fifth price revision this month, effective 20 Mar’26. Prices increased by JPY 1,000/t ($6/t) across all plants except Utsunomiya and Tokyo Bay satellite yard, where they rose JPY 500/t ($5/t). Price announcements for Takamatsu remained suspended. The uptick reflects improving overseas market…