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Tokyo steel hikes H2 scrap purchasing prices effective today
Jun 27,2014 18:53CST
industry news
Source:SMM
The country's top producer of H-beams- Tokyo Steel has announced a rise of ¥ 500/ton in scrap purchasing prices effective June 27th, 2014 ie., today at its Tahara and Utsunomiya works.

TOKYO (Scrap Monster): The country's top producer of H-beams- Tokyo Steel has announced a rise of ¥ 500/ton in scrap purchasing prices effective June 27th, 2014 ie., today at its Tahara and Utsunomiya works.

Post rise, the average scrap purchasing price now remain in the range ¥ 32,500~ ¥ 34,000/ton.

The scrap purchasing prices at Okayama works in Western Japan were at ¥ 33,500/ton and those in Kyushu works remained flat at ¥ 33,500/ton.

Tokyo Steel's scrap purchasing prices in Tahara works in Central Japan were at ¥ 34,000/ton, while those in Takamatsu steel center were at ¥ 32,500/ton.

The scrap purchasing prices at Utsunomiya works in northern Kanto have now increased to ¥ 34,000/ton.

Earlier, the company had announced a rise of ¥ 500/ton in scrap purchasing prices at Okayama, Tahara, Takamatsu and Utsunomiya works effective June 23rd, 2014. The company has raised the H2 buying prices thrice during the past one week.
 

scrap price
purchasing price
H-beams
tokyo steel
okayama
Kyushu
h2 scrap purchase price
Utsunomiya

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