It's reported that Japan's Tokyo Steel announced to hike its scrap purchasing prices by ￥500/ton at its five works from March 15th.
After the adjustment, its H2 scrap purchasing prices averaged at ￥33,500~￥35,000/ton.
Among them, the H2 scrap purchasing prices in Okayama plant are at￥34,500/ton; those in Kyushu plant are at ￥34,500/ton; those in Tahara plant are at ￥35,000/ton; those in Utsunomiya plant are at ￥35,000/ton and those in Takamatsu steel center are at ￥33,500/ton.