It's reported that Japan's Tokyo Steel announced to hike its scrap purchasing prices by ￥1,000/ton at its five works from January 17th.
After the adjustment, its H2 scrap purchasing prices averaged at ￥29,000~￥30,500/ton.
Among them, the H2 scrap purchasing prices in Okayama plant are at￥30,000/ton; those in Kyushu plant are at ￥30,000/ton; those in Tahara plant are at ￥30,000/ton; those in Utsunomiya plant are at ￥30,500/ton and those in Takamatsu steel center are at ￥29,000/ton.