Tag: Japan: Tokyo Steel raises scrap procurement prices up by JPY 1

Japan: Tokyo Steel raises scrap procurement prices by JPY 1,000/t ($7/t) at Kansai plant

Feb 21, 2025

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by

Adarsh Ramteke

in Melting Scrap

Tokyo Steel has adjusted scrap procurement prices for the second time this month, effective 21 Feb’25. Prices remain stable at all plants except Kansai which rose by JPY 1,000/t ($7/t). Post-revision, H2 prices were: Okayama, Kyushu, Kansai: JPY 42,000/t ($279/t) Tahara: JPY 40,500/t ($269/t) Utsunomiya: JPY 40,000/t ($266/t) Takamatsu: JPY 39,500/t ($262/t) Nagoya: JPY 39,000/t…