Tag: Japan: Tokyo Steel hikes prices by up to JPY 3000/t ($24/t) for May sales

Tokyo Steel, Japan’s largest EAF steelmaker, has raised monthly steel prices by up to JPY 3,000/t ($24/t) for May, 2022 sales. The need to pass on the increased cost of production has been the major driver of the price hike. HRC prices were revised upwards to JPY 123,000/t ($966/t) Rebar and H-beam prices were raised…