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Tokyo Steel cuts scrap purchase prices again
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It’s reported that Japanese Tokyo Steel announced to cut the scrap purchase prices by ￥1,000/ton from June 7th.
After the adjustment, its latest purchase prices of H2 scrap are at ￥25,500~￥28,000/ton.
Among them, the H2 scrap purchase prices in Okayama plant is at ￥27,500/ton; that in Kyushu plant is at ￥27,500~￥28,000/ton; that in Tahara plant is at ￥27,500/ton; that in Utsunomiya plant is at ￥27,000/ton and that in Takamatsu steel center is at ￥25,500/ton.
It’s known that Tokyo Steel has reduced the scrap purchase prices continuously since June and the total price cut has amounted to ￥3,000/ton.
News Date
6/7/2012 9:26:02 AM
reported by
Nann Cheng
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