Tag: Nagoya
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Japan: Tokyo Steel further trims scrap procurement prices by up to $7/t
Japan’s Tokyo Steel announced its ninth consecutive cut in domestic scrap procurement prices, reducing rates by up to JPY 1,000/t ($7/t) across all plants, effective 27 Sep ’24. The total decline for Sep’24 stands at JPY 5,500-6,500/t ($38-45/t). Current H2 prices Okayama, Kyushu plants: JPY 40,500/t ($279/t) Kansai, Takamatsu plants: JPY 39,500/t ($272/t) Nagoya, Utsunomiya…