Intel Details

Japan: Tokyo Steel lifts scrap buying prices by up to $18/t for four steelworks

Melting Scrap
21 Sep 2021, 13:35 IST
Steel Mint Intel

  • Tokyo Steel has increased its scrap purchase price for the third time in Sept'21.
  • The company has raised bids by up to JPY 2,000/t ($18) for four of its steelworks, effective 22 Sep. However, prices for the Utsunomiya works remain unchanged.
  • Post-revision, the company's bid price for H2 scrap will be JPY 50,000/t ($456) for the Tahara steelworks, JPY 49,000($447) for Takamatsu and JPY 52,000/t ($474) each for Okayama and Kyushu.

21 Sep 2021, 13:35 IST
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