Tokyo Steel lifts scrap prices third time in week
Nov 14, 2012 | 10:37 AM
| None
Tags
Tokyo Steel Manufacturing,
scrap prices,
ferrous scrap,
scrap buying prices
TOKYO — The rally in the Japanese scrap market is gaining momentum, with Tokyo Steel Manufacturing Co. Ltd. boosting its purchase prices for a third time within a week following a sizable jump in export prices.
Japan’s largest electric-arc furnace operator and effective benchmark price-setter increased its buying prices by 500 yen ($6) per tonne.....
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