Tag: Tokyo Steel price adjustment

Japan: Tokyo Steel raises scrap procurement prices by up to JPY 1,500/t ($10/t)

Feb 13, 2025

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by

Adarsh Ramteke

in Melting Scrap

Tokyo Steel adjusted scrap procurement prices for the first time this month, effective 14 Feb’25. Prices increased at the Okayama, Kansai, and Kyushu plants by JPY 1,000/t ($7/t), JPY 500/t ($3/t), and JPY 1,500/t ($10/t). Post-revision, H2 prices were: Okayama, Kyushu: JPY 42,000/t ($273/t) Kansai: JPY 41,000/t ($266/t) Tahara: JPY 40,500/t ($263/t) Utsunomiya: JPY 40,000/t…