22
Aug
10:59
Domestic scrap rises in Japan, Vietnamese market quiet
Leading electric arc furnace operator Tokyo Steel has raised its domestic scrap procurement price, Kallanish notes. Buyers in Vietnam are unwilling to pay up for Japanese scrap.
Tokyo Steel’s H2 price was lifted by JPY 1,000 ($7/t) tonne to JPY 51,000/t at its Utsunomiya steelworks, effective 23 August. The Japanese company’s previous H2 price at JPY 50,000/t was unmoved since 12 August. The Japanese steel producer has also raised its prices by JPY 1,0…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous