Tag: Japan: Tokyo Steel cuts Kansai scrap purchase prices by $3/t

Tokyo Steel keeps prices at other plants unchanged Domestic market remains firm despite price corrections Tokyo Steel reduced scrap purchase prices by JPY 500/t ($3/t) at its Kansai plant, effective 23 May, taking prices to JPY 53,500/t ($336/t), while prices at other plants remained stable. Meanwhile, price announcements for the Takamatsu plant remained suspended. However,…