Tag: Tokyo Bay Satellite
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Japan: Tokyo Steel cuts H2 scrap purchase prices by JPY 500/t ($3/t) at two Kanto plants
Regional demand variation prompts selective price adjustment Tahara prices unchanged amid stronger local procurement needs Tokyo Steel, Japan’s largest electric arc furnace (EAF) steelmaker, reduced its H2 scrap purchase prices by JPY 500/t ($3/t) at its Utsunomiya Plant and Tokyo Bay Satellite unit in Kanto, effective 23 July. Following the revision, H2 buying prices declined…