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| Tokyo Steel Cuts Scrap Purchase Prices By Y1,000 At Utsunomiya Works |
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Japan's top electric steelmaker Tokyo Steel Mfg Co reduced what the company pays for locally available ferrous scrap by Y1,000/ton from Jan 20 for all grades of arrivals at the company's Utsunomiya works in the Kanto area. As a result, the new delivered price of No2 HMS is settled at Y31,000/ton. The purchase prices of local ferrous scrap remain unchanged at the company's Okayama, Kyushu, and Takamatsu works. |
| last modified : Thu 25 Jan, 2007 [11:06] |
