Tag: japan tokyo steel scrap price
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Japan: Tokyo Steel lowers scrap buy prices further
Tokyo Steel has reduced scrap purchase bids today for the second time this week by JPY 500/t ($4/t) for its two steelworks from 20 Nov’21, as per latest reports. Post-revision, the company’s bid price for H2 scrap stands at JPY 55,000/t ($481/t) for the Tahara steelworks, and JPY 54,500/t ($477/t) for the Kyushu works. Falling…