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Tokyo Steel lowers scrap charges to main works
March 03, 2014 - 04:18 GMT
electric arc furnace
Japan Ferrous Raw Materials Assn
Tokyo Steel has further reduced its scrap purchase charges for deliveries to its main Utsunomiya works as prices continue to march firmly south.
Japan's largest electric arc furnace operator and de-facto
benchmark price-setter cut its charges to Utsunomiya by
¥500 ($5) per tonne effective February 28 deliveries. This
came two days after it reduced charges to its Utsunomiya,
Tahara, Okayama and Takamatsu works by...
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