Tag: Japan steel market trends

Japan: Tokyo Steel trims scrap procurement prices by up to JPY1,000/t ($7/t)

Jan 24, 2025

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by

Adarsh Ramteke

in Melting Scrap

Japan’s Tokyo Steel adjusted scrap procurement prices for the first time this month (previous revision on 20 Dec’24). Prices remained steady except for Nagoya and Utsunomiya, where tags dropped JPY 500/t ($3/t) and JPY 1,000/t ($6/t), respectively. Post-revision, H2 stands at: Okayama: JPY 41,500/t ($267/t) Tahara: JPY 41,000/t ($264/t) Kansai, Kyushu: JPY 40,500/t ($261/t) Utsunomiya,…