It's reported that Japan's Tokyo Steel announced to cut its scrap purchasing prices by ￥500/ton from June 6th.
After the adjustment, the H2 scrap purchasing prices are at ￥30,500~￥32,500/ton.
Among them, the H2 scrap purchasing prices in Okayama plant are at￥31,500/ton; those in Kyushu plant are at ￥31,500/ton; those in Tahara plant are at ￥32,500/ton; those in Utsunomiya plant are at ￥32,000/ton and those in Takamatsu steel center are at ￥30,500/ton.