Tag: steel scrap price revision

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

Jul 9, 2025

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by

Adarsh Ramteke

in Melting Scrap

Tokyo Steel has announced another scrap purchase price revision for the second time this month, effective 10 Jul’25. In this latest round, the company reduced prices by JPY 500/t ($3/t) at its Utsunomiya and Tokyo Bay satellite yard, while rates at other plants remained unchanged. Post-revision, H2 scrap prices are as follows: Utsunomiya: JPY 40,000/t…