Tag: Tokyo Steel scrap purchase price

Japan’s major EAF steelmaker, Tokyo Steel, continued reducing scrap purchase prices for the first time this week. The company reduced H2 grade bids by JPY 500/t ($4/t) for all its plants, effective 30 Nov’22. After the final revision, prices of H2 scrap stand at JPY 46,000/t ($332/t) delivered to the Tahara works and Okayama plant…