Tag: japan tokyo steel scrap price

  • Japan: Tokyo Steel Cuts Scrap Purchase Price by USD 5

    Japan: Tokyo Steel Cuts Scrap Purchase Price by USD 5

    Prices have come down by around JPY 17000/MT (almost 50% drop) since end of March’20 Japan’s leading EAF mini-mill – Tokyo Steel has lowered its domestic ferrous scrap purchase price further at three of its works by JPY 500 (USD 5), while keeping its bids unchanged at the remaining two plants for now. The new…