Tag: Japan scrap price hike

Japan: Tokyo Steel’s third scrap price hike in Oct’26 strengthens bullish market sentiment

Oct 14, 2026

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by

Rahul Kumar Sahu

in Melting Scrap

Expectations of demand pick-up post mill maintenance add to positive sentiment Kanto-Tetsugen tender result, stronger export offers boost seller sentiment Tokyo Steel, Japan’s largest EAF steelmaker, raised H2 scrap buying prices by JPY 1,000/t ($6/t) across all plants, effective 14 October 2026. This marked the company’s third price increase in October, taking buying prices to…