Japan’s Tokyo Steel announced to cut its scrap purchasing prices again by JPY 500 per tonne from January 10th.
After the adjustment, its H2 scrap purchasing prices averaged at JPY 23,500 per tonne to JPY 26,500 per tonne.
Among them, the scrap purchasing prices at Utsunomiya works are at JPY 26,500 per tonne; those in Okayama works are at JPY 24,000 per tonne; those at Tahara works are at JPY 26,500 per tonne; those at Kyushu works are at JPY 24,000 per tonne and those in Takamatsu steel center are at JPY 23,500 per tonne.
Source – yieh
Zhejiang Yaang Pipe Industry Co., Limited