It's reported that Japan's Tokyo Steel announced to raise its scrap purchasing prices by ¥500~¥1,000/ton at its four works from October 8th.
The company remained the scrap purchasing prices unchanged at Tahara works.
After the adjustment, its H2 scrap prices averaged at ¥33,500~¥35,500/ton.
Among them, the scrap purchasing prices at Utsunomiya works are at ¥35,500/ton; those in Okayama works are at ¥34,500/ton~¥35,000/ton; those in Kyushu works are at ¥34,500~¥35,500/ton; those in Tahara works are at ¥34,000/ton; and those in Takamatsu steel center are at ¥33,500/ton.