Tokyo Steel hikes scrap purchasing prices at Utsunomiya plant

Japan’s Tokyo Steel announced to cut the scrap purchasing prices by JPY 1000 per tonne at its Utsunomiya plant from November 8th 2012.

After the adjustment, its H2 scrap prices at Utsunomiya plant are JPY 23,500 per tonne.

Meanwhile, Tokyo Steel remained the scrap purchasing prices at the other four plants unchanged. The H2 scrap purchasing p prices in Okayama plant is at JPY 22,500 to JPY 23,000 per tonne; that in Kyushu plant is at JPY 22,500 per tonne; that in Tahara plant is at JPY 22,500 per tonne and that in Takamatsu steel center is at JPY 21,500 per tonne.

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