Tag: japan tokyo steel scrap price

Japan: Tokyo Steel raises scrap buy price by up to $17/t

Oct 18, 2021

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by

Drishya Yadav

in Melting Scrap

Tokyo Steel has announced a hike in scrap purchase prices for the fourth time in Oct’21. The steelmaker has raised bids by JPY 2,000/t ($17) for all its plants, effective from 19 Oct. Post-revision, the company’s bid price for H2 scrap will stand at JPY 54,000/t ($472) for the Utsunomiya plant and JPY 56,000 ($490)…