Tokyo Steel lowers scrap buying prices on signs of overheating
Sep 24, 2013 | 07:12 PM
TOKYO Tokyo Steel Manufacturing Co. Ltd. has reduced its scrap purchasing prices for the first time since last month amid signs that prices were overheating.
Japans largest electric-arc furnace operator and effective benchmark price-setter has reduced buying prices to its main Utsunomiya plant by ¥1,000 ($10) per tonne, those to its Kyushu and Takamatsu facilities by ¥500 ($5) per tonne and left charges to its Tahara and Okayama Works....
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.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.