Tag: Japan: Tokyo Steel cuts H2 scrap purchase prices for fifth consecutive time

Softer export prices pressure domestic procurement Most plants reduce H2 buying prices further Tokyo Steel, Japan’s largest electric arc furnace (EAF) steelmaker, reduced its H2 scrap purchase prices for the fifth consecutive time, lowering buying prices by JPY 500-1,000/t ($3-6/t) across most plants, effective 30 July. The latest revision covers Tahara, Nagoya, Okayama, Kansai, Utsunomiya,…