Tag: Tokyo steel scrap prices

Japan: Tokyo Steel hikes scrap procurement price by up to $17/t

Feb 14, 2022

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by

Drishya Yadav

in Melting Scrap

Tokyo Steel has raised scrap buy prices by up to $17/t for the second time this month. Post revision, the company’s bid price for H2 scrap stands at JPY 57,000/t ($494/t) delivered to the Tahara and Utsunomiya plants, effective 15 Feb’22. Surge in bids in the Kanto scrap export tender has pushed up domestic offers.