Kanto Market, Electric Steelmakers to Reduce by Y 500-1,500

摘要

The Kanto ferrous scrap market price is further decreasing at the end of last week. After Utsunomiya Plant of Tokyo Steel reduced the purchasing price by Y 1,500 starting July 4, Steelmakers, particularly in northern Kanto area, such as Asahi Industries, JFE Bars & Shapes Toubu Works, Tokyo Kohtetsu, Tokyo Tekko followed suit. And Kanto Steel, Jonan Steel, JFE Bars & Shapes Kashima Works reduced their prices by 1,000, and Itoh Iron & Steel Tsukuba Works, Godo Steel Funabashi Works reduced their prices by Y 500. In the Kanto area, the price reduction by Y 500-1,500 has almost been made.