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Tokyo Steel Cuts Scrap Purchase Prices By Y500 At Five Works
Japan's largest electric steelmaker Tokyo Steel Mfg Co has reduced what the company pays for locally available ferrous scrap by a uniform Y500/ton for all grades at its five works, effective with March 8 arrivals.

As a result, the new delivered prices of No2 HMS are Y34,500/ton for seaborne arrivals and Y34,000/ton for overland arrivals at the Okayama works; Y34,500/ton for seaborne arrivals and Y34,000/ton for overland arrivals at the Kyushu works; Y33,000/ton for seaborne/overland arrivals at the Takamatsu works; Y34,500/ton for seaborne/overland arrivals at the Tahara works; and Y33,500/ton for overland arrivals at the Utsunomiya works.
last modified : Tue 13 Mar, 2012 [11:50]
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