Tag: Japan Tokyo steel scrap purchase price

Tokyo Steel, Japan’s largest EAF steelmaker, has cut scrap purchase prices for the first time this week. The company has trimmed bids by JPY 500/t ($4/t) for one of its steelworks effective 16 Jun’22. Post revision, the bid prices for H2 scrap are at JPY 55,000/t ($408/t) delivered to the Utsunomiya plant, while bids for…