Japan’s Tokyo Steel reduces scrap buying prices further
Sep 10, 2012 | 09:56 AM
|
Tags
Tokyo Steel Manufacturing,
scrap buying prices,
scrap prices,
ferrous scrap
TOKYO — Tokyo Steel Manufacturing Co. Ltd. has cut its ferrous scrap buying prices for the fifth time in two weeks, taking back all of last month’s price increases.
Tokyo Steel, Japan’s largest electric furnace operator and the country’s benchmark price-setter, has cut its purchase prices for all deliveries to its five works by an additional 500 yen ($6.40) per tonne amid a continued weakening in global scrap and other raw material prices.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here