Tag: Japan Tokyo steel scrap purchase price
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Japan: Tokyo Steel slashes scrap purchase price at Kanto work by JPY 500 ($5)
Japan’s leading EAF mill – Tokyo Steel has cut its scrap purchase price today for Utsunomiya work by JPY 500/t ($5). The company would pay JPY 42,000/t ($386) for H2 scrap delivered at Utsunomiya work sited in Kanto region, effective from 11th Mar’21. Japanese scrap export prices seem to have peaked and after seeing bids…