Tokyo Steel leads Japanese scrap prices down more

摘要

Japanese scrap prices have continued to tumble this week, with price setter Tokyo Steel Manufacturing announcing Wednesday that it would cut its scrap purchase prices by Yen 500/ mt effective Thursday for all grades at all its works. The reduction took H2 buying prices at its Tahara works near Nagoya and at its Utsunomiya works in the northern Kanto to Yen 24,000/mt $305.76/mt).