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Japanese Tokyo Steel hikes scrap purchasing prices
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Reportedly, Tokyo Steel announced to raise the scrap purchase prices by ￥1,500~￥2,000/ton from August 17th.
It decided to increase the scrap purchase prices by ￥2,000/ton at its Okayama plant and Takamatsu steel center respectively and to raise the prices by ￥1,500/ton at the other plants.
After the adjustment, the firm’s latest H2 scrap purchasing prices in Okayama plant is at ￥29,000~￥29,500/ton; that in Kyushu plant is at ￥29,000/ton; that in Tahara plant is at ￥29,000/ton; that in Utsunomiya plant is at ￥28,000/ton and that in Takamatsu steel center is at ￥27,500/ton.
It’s known that Tokyo Steel has remained its scrap purchasing prices unchanged at ￥25,500~￥27,500/ton for consecutive two months after the firm cut the prices by ￥500/ton on June 16th.
News Date
8/17/2012 9:38:24 AM
reported by
Nann Cheng
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