B2B Portal for Technical and Commercial Foundry Management
Languages

Foundry Daily News

11. April 2012

Tokyo Steel hikes scrap purchase prices by JPY 500 a tonne

TEX reported that Japan's largest electric steelmaker Tokyo Steel Mfg Co has increased what it pays for locally available ferrous scrap by a uniform JPY 500 per tonne for all grades at the company's four works and Takamatsu steel center, effective with April 4th 2012 arrivals.

As a result, the new delivered prices of No2 HMS are JPY 35,500 per tonne for seaborne arrivals and JPY 35,000 per tonne for overland arrivals at the Okayama works; JPY 35,500 per tonne for seaborne arrivals and JPY 35,000 per tonne for overland arrivals at the Kyushu works; JPY 35,500 per tonne for seaborne overland arrivals at the Tahara works; JPY 34,500 per tonne for overland arrivals at the Utsunomiya works and JPY 33,000 per tonne for seaborne overland arrivals at the Takamatsu steel center.



Sourced from TEX Report Limited

Related Articles

Youtube Linkedin Xing