Japan's largest electric steelmaker Tokyo Steel Mfg Co has increased what the company pays for locally available ferrous scrap by a uniform JPY 1,000 per tonne for the whole grades at all the company's facilities,effective with December 19 arrivals.
As a result,the new delivered prices of No2 HMS are JPY 26,000 per tonne for seaborne/overland arrivals at the Tahara works;JPY 26,500 per tonne for seaborne arrivals and JPY 26,000 per tonne for overland arrivals at the Okayama works;JPY 26,000 per tonne for seaborne/overland arrivals at the Kyushu works;JPY 27,000 per tonne for overland arrivals at the Utsunomiya works;and JPY 25,000 per tonne for seaborne/overland arrivals at the Takamatsu steel center.
Source:
http://www.steelguru.com/international_news/Tokyo_Steel_increases_scrap_purchase_price/296562.html
