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Tag: Japan Tokyo steel scrap purchase price

  • Japan: Tokyo Steel hikes scrap purchase prices by $15/t

    Japan: Tokyo Steel hikes scrap purchase prices by $15/t

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    by

    Anshuman
    in

    Japan’s major EAF steelmaker, Tokyo Steel, has resumed scrap purchases after a month’s gap, post the Kanto tender outcome. The company has increased buy prices by JPY 2,000/t ($15/t) for all plants, effective 10 Mar’23. After the revision, prices for H2 scrap stand at JPY 55,500/t ($406/t) delivered to the Tahara, Utsunomiya, and Okayama plants.