News
Tokyo Steel cuts H2 scrap purchase price - 27 Feb, 2009
It is reported that Japan's Tokyo Steel is cutting their H2 scrap purchase price by JPY 1,000 to JPY 2,000 per tonne to the level of JPY 9,000 to JPY 21,000 per ton, first adjustment over the past three weeks.

Consequently, if calculated on base price of JPY 20,000 per tonne and plus sea freight, Japan's offer on H2 scrap to Taiwan stays at USD 240 per tonne.

(Sourced from TEX Report Limited)



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