Tag: japan tokyo steel scrap price

Tokyo Steel has reduced scrap purchase prices to a nearly 10-month low this week following low bids fetched in Kanto scrap export tender. The company has reduced bids by up to JPY 2,000/t ($14/t) for all its plants, effective 16 Jul. After adjustment, bid prices for H2 scrap are at JPY 48,000/t ($346/t) supplied to…