Tag: Japan Tokyo steel scrap purchase price

Tokyo Steel has announced a hike in scrap purchase prices for the third time in Oct’21. The steelmaker has raised bids by JPY 2,000/t ($18) only for its Utsunomiya plant today. Post-revision, the company’s bid price for H2 scrap will stand at JPY 53,000/t ($474) for the Utsunomiya plant. However, the buy prices for other…