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It's reported that the H2 scrap base prices dropped to ¥33,500~¥34,000/ton in the Japanese Osaka region on April 5th.The local steel mills announced to cut scrap purchasing prices by ¥500~¥1,000/ton after Tokyo Steel decided to reduce its scrap purchasing prices from April 5th.It's known that Kyoei Steel cut its scrap purchasing prices by ¥500/ton at its Hirakata and Osaka works.