Tag: Japan Tokyo steel scrap purchase price
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Japan: Tokyo Steel raises scrap purchase price by up to $9/t*
Tokyo Steel has announced a hike in scrap purchase prices for the fifth time in Oct’21. The steelmaker has raised bids by up to JPY 1,000/t ($9) for two of its units, effective from 21 Oct. Post-revision, the company’s bid price for H2 scrap will stand at JPY 54,500/t ($476) for the Utsunomiya plant and…