Tag: Japan Tokyo steel scrap purchase price

Japan’s Tokyo Steel lowers scrap buy price by $8/t

Jun 9, 2022

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by

Deepika Singh

in Melting Scrap

Tokyo Steel, Japan’s largest EAF steelmaker, has cut its scrap purchase prices for the third time this week. The company has cut bids by JPY 1,000/t ($8/t) for all steelworks effective 10 Jun’22. Post revision, the bid prices for H2 scrap are at JPY 56,000/t ($419/t) delivered to the Tahara plant, while bids for Utsunomiya…