Tokyo Steel’s ferrous scrap purchase prices cut again

Apr 17, 2013 | 12:53 PM |

Tags  Tokyo Steel, ferrous scrap, scrap prices, Tahara, Utsunomiya, Kyushu, Okayama, Takamatsu

TOKYO — Japanese ferrous scrap prices look set to fall again after Tokyo Steel Manufacturing Co. Ltd. cut its purchase prices effective April 17.

The steelmaker reduced seaborne and truck-borne purchase prices of most grades of scrap by 1,000 yen ($10) per tonne to its Tahara plant and 500 yen ($5) per tonne to its other four units.....

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