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|Tokyo Steel Cuts Scrap Purchase Prices by Y500 at Utsunomiya Works|
Japan's Tokyo Steel Mfg Co reduced what the company pays for locally available ferrous scrap by a uniform Y500/ton from Feb 11 for all grades of arrivals at its Utsunomiya works in the Kanto area. |
The price reduction of local ferrous scrap took effect at the Utsunomiya works for the first time in one and a half months since Dec 25 last year. As a result, the new delivered price of No2 HMS is settled at Y26,000/ton for overland arrivals there.
|last modified : Tue 17 Feb, 2015 [10:24]|