Tag: Japan: Tokyo Steel raises scrap purchase prices by $3/t for all plants

Tokyo Steel has raised its scrap purchase prices by JPY 500/t ($3/t) across all plants, effective 16 April 2026, marking its third revision this month. Prices have increased to JPY 53,000/t ($334/t), supported by strong domestic demand and firm overseas markets. Price announcements for the Takamatsu plant remain suspended.