Tag: Japan Tokyo steel scrap purchase price

Japan: Tokyo Steel trims scrap buy prices for H2 scrap by $4/t

Jun 27, 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 first time this week. The company has slashed bids by JPY 1,000/t ($4/t) for one of its steelworks, effective 28 Jun’22. Post-revision, the bid prices for H2 scrap are at JPY 52,000/t ($385/t) delivered to the Utsunomiya works. Prices for rest of…