Tokyo Steel hikes scrap purchasing prices

Jan 10, 2013 | 11:22 AM |

Tags  Tokyo Steel, scrap purchase prices, electric-ac furnace, ferrous scrap, steel

TOKYO — Tokyo Steel Manufacturing Co. Ltd. has raised its scrap purchasing prices by 500 to 1,000 yen ($6 to $11) per tonne for deliveries to its five works effective Thursday.

It is now paying 29,000 yen ($329) per tonne for overland deliveries to its Utsunomiya plant; 28,500 yen ($323) per tonne for both overland and seaborne deliveries to its Kyushu and Okayama facilities, as well as deliveries to its Tahara unit; and 27,500 yen ($312) per tonne for deliveries to its Takamatsu service center.....




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