Japan’s Tokyo Steel increases scrap buying price at one site

Wednesday, 20 March 2019 22:33:59 (GMT+3)   |   San Diego

According to sources, prices at the Okayama site are now reportedly at JPY 33,700/mt ($302/mt), the Tahara site at JPY 35,000-35,250/mt ($314-316/mt), and the Utsunomiya site at JPY 36,000-37,000/mt ($323-332/mt), all prices delivered to customer. The only site that has increased purchasing scrap prices is Okayama, reportedly by $5/mt.

USD = JPY 111.48 (Mar 20)


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