Tag: tokyo steel scrap price
-

Japan: Tokyo Steel hikes scrap procurement price by over $25/t
Tokyo Steel hiked scrap buying prices by $26/t and raised offers after one month. Notably, the price has peaked since 2017 as per SteelMint data. Post revision, the company’s bid price for H2 scrap stands at JPY 60,000/t ($518/t) delivered to the Tahara and Utsunomiya plants effective 10 Mar’22. Surge in bids in the Kanto…