Tokyo Steel Japan's largest steelmaker has cut scrap purchase prices for the sixth time in Jun 2022.
The company has trimmed bids by JPY 1,000/t ($4/t) for all its steelworks, effective 22 Jun.
Post revision, the bid prices for H2 scrap are at JPY 55,000/t ($407/t) for Tahara works and JPY 54,000/t ($400/t) delivered to the Utsunomiya plant.
Japan Tokyo Steel cuts scrap purchase prices
Tokyo Steel Japan's largest steelmaker has cut scrap purchase prices for the sixth time in Jun 2022.
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