Japan's largest electric steelmaker Tokyo Steel Mfg Co has raised what the company pays for locally available ferrous scrap by a uniform Y500/ton for all grades of arrivals at its four works, effective with July 29 purchases.
As a result, the new delivered prices of No2 HMS are Y29,500/ton for seaborne arrivals and Y29,000/ton for overland arrivals at the Okayama works; Y28,000/ton for seaborne and overland arrivals at the Kyushu works; Y28,500/ton for seaborne and overland arrivals at the Takamatsu works; and Y28,000/ton for overland arrivals at the Utsunomiya works. |
