Tag: Japanese ferrous scrap

Japan: Tokyo Steel cuts Tokyo Bay scrap prices by JPY 500/t ($3/t)

Jun 25, 2026

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by

Ramavath Mounika

in Melting Scrap

Export offers remain supported by weaker yen Other Tokyo Steel plant prices remain unchanged Tokyo Steel reduced its scrap purchase price at its Tokyo Bay plant by JPY 500/t ($3/t) to JPY 53,500/t ($331/t), effective 26 June, while maintaining prices at its other facilities. The move reflects softer scrap collection trends and cautious steel demand,…