Tag: Tokyo Steel April scrap adjustment

Japan: Tokyo Steel reduces scrap purchase prices by JPY 500/t ($4/t)

Apr 18, 2025

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by

Adarsh Ramteke

in Melting Scrap

Tokyo Steel announced its fourth scrap purchase price revision this month, effective 18 Apr’25 (last adjustment on 10 Apr’25). In this round, prices remained unchanged, except for at Kyushu, Takamatsu, and Okayama, where they dropped by up to JPY 500/t ($4/t). In April, prices at these plants declined by up to JPY 3,000/t ($21/t). Revised…