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Tokyo Steel lifts its scrap buying costs by $3.4/ t.

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Tokyo Steel's most current change was made after the business had actually trimmed its scrap purchasing rates by Yen 1,500-2,500/ t over September 22-October 6, Mysteel Global discovered. With the price increment, Tokyo Steel's H2 purchasing cost at Utsunomiya Works in north Tokyo, for example, has become Yen 50,000/ t, which for Shindachi product

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Tokyo Steel Manufacturing, Japan's leading electric-arc-furnace steel producer, has decided to lift its scrap buying prices by Yen 500/tonne ($3.4/t) effective from October 19 arrivals at all works and scrap yards across Japan, the company announced ...

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