Tag: Japan Tokyo steel prices
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Japan: Excess supply forces Tokyo Steel to stop taking scrap
Tokyo Steel Manufacturing, Japan’s leading electric-arc-furnace (EAF) steel producer, has taken the unusual step to adjust scrap arrivals at its Utsunomiya Works, north of Tokyo, by telling dealers it will cease accepting all deliveries beginning Thursday morning, June 30. It will commence receiving scrap from next Monday, July 4, a company official said Thursday. The…