Tag: japan tokyo steel scrap price

Japan: Tokyo Steel cuts scrap buy prices by up to $7/t

Jun 28, 2022

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by

Deepika Singh

in Melting Scrap

Tokyo Steel, Japan’s largest EAF steelmaker, has lowered scrap purchase prices for the second time this week. The company has slashed bids by JPY 1,000/t ($7/t) for three of its steelworks – Okayama, Kyushu and Takamatsu – effective 29 Jun. Post revision, the bid prices for H2 scrap are at JPY 53,000/t ($390) delivered to…