Tag: Japan Tokyo steel scrap purchase price

Japan’s leading steel producer, Tokyo Steel, has cut its scrap buy price after a gap of two months. The steelmaker has lowered bids by JPY 1,000/t ($9) for its Tahara steelworks from 30 Oct. Post-revision, the company’s bid price for H2 scrap stands at JPY 58,000/t ($511) for the Tahara works, while prices for the…