The base prices of H2 scraps increased by ¥500/ton to ¥34,500/ton in the Japanese Kanto region recently.
In Kanto region, Tokyo Stele hiked the scrap purchasing prices at it Utsunomiya plant by ¥500/ton to ¥35,000/ton on March 15th, hitting the lowest level since October, 2011.
Accordingly, most of the blast furnace mills in Kanto region including Asahi Industries Co, Itoh Iron & Steel Co, Godo Steel Ltd, Jonan Steel
Corp, Daisan Steel Co, Chiyoda Steel and Sanko Seiko Co have followed Tokyo Steel to raise H2 scrap prices by ¥1,000/ton to ¥35,000/ton.
News Date 3/20/2013 11:24:53 AM reported by Nann Cheng