Tag: tokyo steel scrap price

Tokyo Steel has reduced scrap purchase bids by JPY 500/t ($4/t) for two of its steelworks effective 24 Dec’21. Post-revision, the company’s bid price for H2 scrap stands at JPY 53,500/t ($468/t) delivered to the Tahara and Utsunomiya plants, while prices for the other plants remain unchanged. Notably, this is the company’s third price cut…