Tag: Tokyo Steel Scrap Purchase

Japan: Tokyo Steel hikes scrap purchase prices by JPY 500 ($5)

Nov 2, 2020

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by

Rashi

in Melting Scrap

Tokyo Steel has increased its scrap purchase price by JPY 500/t ($5). Prices have moved up for all of its four plants excluding Utsunomiya plant and revised prices will be effective from tomorrow (3rd Nov’20). After revision, they would pay JPY 27,500/t ($262) for H2-scrap at both Tahara and Okayama works.