Tag: Japan: Tokyo Steel cuts scrap buying prices after weaker Kanto H2 tender

Tokyo Steel reduces scrap buying after weaker Kanto tender. Soft Vietnam demand weighs on Japan’s scrap sentiment. Japan Metal Daily : In the Kanto region, the purchase price of scrap iron by electric furnace manufacturers fell by about JPY 1,000/t ($6/t). Based on the results of the Kanto Railway Gen Cooperative Association’s bidding on the…