Japan steel scrap export prices face further pressure amid fresh local price cut

A new cut in buy prices at major Japanese scrap buyer Tokyo Steel has led to renewed pressure on Japanese steel scrap export prices, sources said on Wednesday May 25.

• Tokyo Steel drops buy prices by another ¥1,000 ($8) per tonne
• Japan scrap sold to Korea at lower prices late last week

• Buyers in Taiwan trying for lower prices...


Lee Allen

Tianran Zhao

May 25, 2022

13:37 GMT

London, Shanghai