Tokyo Steel increases scrap prices again

Aug 20, 2012 | 05:12 PM | Sean Davidson

Tags  ferrous scrap, ferrous, scrap, Tokyo Steel, Japan, East Asia, scrap prices, Sean Davidson

NEW YORK — Tokyo Steel Manufacturing Co. Ltd. has raised its scrap purchase prices for the second time in less than a week.

Just days after increasing purchase prices by 1,500 to 2,000 yen ($19 to $25) per tonne, the bellwether of East Asian scrap pricing lifted....

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