Tokyo Steel cuts scrap charges again

Nov 06, 2011 | 08:11 PM |

Tokyo Steel cuts its scrap purchase prices for a fifteenth time since late September amid lower prices overseas and weak demand at home. Japan’s biggest mini-mill operator cut its price by Y500....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center