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Tokyo Steel keeps cutting scrap purchase prices

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Reportedly, Tokyo Steel announced to cut the scrap purchase prices at its five plants by ¥500~¥1,000/ton from October 25th.

After the price adjustment, the purchase prices of H2 scrap are at ¥28,500~¥30,000/ton.

Among them, the H2 scrap purchase prices in Okayama plant are at ¥30,000/ton; that in Kyushu plant is at ¥30,000/ton; that in Tahara plant is at ¥29,500; that in Takamatsu plant is at ¥28,500/ton and that in Utsunomiya plant is at ¥29,500/ton.
News Date 25 Oct 2011 15:34:29 reported by Nann Cheng

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