Tag: Japan: Tokyo Steel’s third October scrap price hike strengthens bullish market sentiment

Expectations of demand pick-up post mill maintenance add to positive sentiment Kanto-Tetsugen tender result, stronger export offers boost seller sentiment Tokyo Steel, Japan’s largest EAF steelmaker, raised H2 scrap buying prices by JPY 1,000/t ($6/t) across all plants, effective 14 October 2026. This marked the company’s third price increase in October, taking buying prices to…