Tag: Japan Tokyo steel scrap purchase price

Japan: Tokyo Steel lowers scrap buy price by $4/t for Utsunomiya works

Jun 22, 2022

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by

Deepika Singh

in Melting Scrap

Tokyo Steel, Japan’s largest EAF steelmaker, has trimmed scrap purchase prices for the second time this week. The company has slashed bids by JPY 1,000/t ($4/t) for one of its steelworks, effective 23 Jun. Post revision, the bid prices for H2 scrap are at JPY 53,000/t ($389/t) delivered to the Utsunomiya plant. Prices for the…