Tag: Japan: Tokyo Steel to increase scrap purchase prices by $13/t

Tokyo Steel, a leading Japanese mill, has opted to raise its domestic ferrous scrap purchase prices by JPY 2,000/t ($13/t) from 1 March, 2024. H2 scrap prices at Tahara and Utsunomiya plants held steady, while at Takamatsu Steel Centre, H2 scrap increased to about JPY 52,000/t ($347/t), up JPY 2,000/t. This marks the first price…