Tokyo Steel again increases its scrap purchasing prices

Dec 03, 2013 | 09:31 AM |

Tags  Tokyo Steel Manufacturing, ferrous scrap, scrap prices, scrap buying prices, H2 scrap

TOKYO — Tokyo Steel Manufacturing Co. Ltd. increased its scrap buying prices by another 500 yen ($5) per tonne for deliveries to three of its plants effective Dec. 3.

As a result, the new delivered prices for H2-grade scrap (a mix of No. 1 and No. 2 heavy melt) are 39,000 yen ($380) per tonne for seaborne arrivals and 38,500 yen ($375) per tonne for overland arrivals to its Okayama and Kyushu Works; 39,000 yen per tonne for overland arrivals at....

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