Tag: Japan Tokyo steel scrap purchase price

Japan’s leading EAF steel mill, Tokyo Steel has reduced scrap purchase prices for the third time in Aug’21 today. The company has decreased prices by JPY 500-1,000/t ($5-10) for two of its steelworks, not including the Utsunomiya plant. After today’s revision, the company would pay a bid price for H2 scrap at JPY 48,500/t ($442)…