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Tokyo Steel Ups Scrap Purchase Prices By Y500 At Four Works
Japan's largest electric steelmaker Tokyo Steel Mfg Co has increased what the company pays for locally available ferrous scrap by a uniform Y500/ton for all grades at its four works except the Utsunomiya works, effective with March 2 arrivals.

As a result, the new delivered prices of No2 HMS are Y35,000/ton for seaborne arrivals and Y34,500/ton for overland arrivals at the Okayama works; Y35,000/ton for seaborne arrivals and Y34,500/ton for overland arrivals at the Kyushu works; Y33,500/ton for seaborne/overland arrivals at the Takamatsu works; and Y35,000/ton for seaborne/overland arrivals at the Tahara works.

At Tokyo Steel's Utsunomiya works, the present delivered price of No2 HMS is Y34,000/ton for overland arrivals.
last modified : Wed 07 Mar, 2012 [09:58]
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