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Chubu Mini Mills Cut Local Scrap Purchase Prices
Japan's six electric steelmakers operating in the Chubu area have held down their purchase prices of locally available ferrous scrap by Y1,000/ton for all grades, effective with Sept 3 arrivals at their works. The six companies are Aichi Steel Corp, Kyoei Steel Ltd, Daido Steel Co, Chubu Steel Plate Co, Topy Industries Ltd, and Yamaguchi Kogyo.

As a result, five of them except Topy set the new purchase price of No2 HMS each at Y20,400/ton delivered. Topy's new purchase price of No2 HMS is Y21,500/ton delivered Toyohashi works.
last modified : Wed 08 September, 2004 [09:55]
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