Tag: Tokyo steel scrap prices
-
Japan: Tokyo Steel’s scrap buy prices dip $7/t
Tokyo Steel, Japan’s largest EAF steelmaker, has reduced scrap purchase prices for the fourth time this week. The company has slashed bids by JPY 1,000/t ($7/t) for one of its steelworks, effective 2 Jul’22. Post revision, bid prices for H2 scrap are at JPY 53,000/t ($393) delivered to Tahara, while prices for other factories remain…