Tokyo Steel’s ferrous scrap purchase prices cut again
Apr 17, 2013 | 12:53 PM
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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