14
Jun
10:28
Japanese scrap dives further
Japanese scrap prices have continued to descend, Kallanish notes.
Japan’s leading EAF operator, Tokyo Steel, announced a cut in its domestic scrap purchase prices by JPY 500/tonne ($4.6/t), effective 15 June, at its four steelworks and Takamatsu steel centre. The company will pay JPY 28,500/t for H2 grade scrap trucked to its Utsunomiya steelworks, located north of Tokyo.
Earlier in the week, the Kanto Tetsugen Cooperative Association exp…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous