Tag: Japanese EAF market
-
Japan: Kanto scrap prices fall as high inflows pressure mills
Tohtetsu lowers prices amid elevated scrap inflows Post-Obon arrivals keep regional supply-demand loose Japan’s Kanto ferrous scrap market continued to weaken as high incoming volumes and sluggish finished steel demand kept regional supply and demand loose. Electric-furnace mills lowered purchase prices again, while some producers introduced temporary acceptance restrictions to manage rising inventories. Tokyo Steel…