Tag: Tokyo Steel scrap purchase price

Japan’s leading EAF mill – Tokyo Steel has increased its scrap purchase price for all works by JPY 500/t ($4). The company would pay JPY 39,500/t ($373) for H2 scrap delivered at Tahara and Utsunomiya, effective from tomorrow (23rd Feb’21). Notably, this is the company’s fifth price hike announced so far in Feb’21. Prices at…