Tag: japan tokyo steel scrap price

Japan: Tokyo Steel’s scrap purchase price in Kanto hits 1.5 years high after recent hike

Nov 13, 2020

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by

Rashi

in Melting Scrap

Japan’s leading EAF mill- Tokyo Steel has raised its scrap purchase price again by JPY 500/t ($5) for three works. Revised offers will be effective from tomorrow (14th Nov’20). The company would now pay JPY 27,000/t (257) for Utsunomiya, which is highest since Jun’19. Notably, this is the company’s second price hike in this week.