Sources inform SteelOrbis that Tokyo Steel has decreased scrap purchase prices at its various steel producing sites by JPY 500/mt ($4.56/mt).
While the average price through all its sites decreased by JPY 500/mt, prices are now at JPY 36,625/mt. In dollar terms, due to currency fluctuations, the domestic scrap buying prices remain stable compared to prices published on January 22.
|
Japan H2 Tokyo Steel |
Tahara JPY/mt |
Utsunomiya JPY/mt |
Okayama JPY/mt |
Takamatsu* JPY/mt |
Average JPY/mt |
Rate (JPY/$) |
$/mt |
|
Jan 22 |
38,500 |
37,500 |
36,500 |
36,000 |
37,125 |
111.09 |
334 |
|
Feb 1 |
38,000 |
37,000 |
36,000 |
35,500 |
36,625 |
109.59 |
334 |