Fe Scrap Watch 2024: Significant Increases in Kanto Tetsugen & Tokyo Steel
10/10/2024 16:22
On the 9th, the Kanto Tetsugen’s October export tender resulted in a larger-than-expected increase, with a rise of ¥2,960 per ton compared to September, reaching ¥45,680 (H2 FAS). In response, Tokyo Steel announced in the evening of the same day that it would raise the scrap prices for all grades across all factories by ¥500 to ¥3,000 per ton. The Utsunomiya plant, in particular, implemented a sharp increase of ¥3,000 per ton, with H2 reaching ¥41,500, in line with their earlier declaration to exceed the export prices at the bay area.
This article is for members only. You can read the rest after application confirmation.
Register now Login
Register now Login
Related articles
- 07/11/2025 Tungsten Scrap: Supply as Sparse as a Drop of Water in a Barren Desert
- 07/06/2025 The Most Critical and Terrible Metal Right Now: Tungsten Enters Uncharted Territory
- 06/11/2025 USA Recyclers File #3: GLOBAL REFINING GROUP WEST, ELG, TRIPLE M METAL, ACEROS AZA S.A.
- 06/10/2025 USA Recyclers File #2: SPECTRUM ALLOYS, MONICO ALLOYS, OmniSource, LLC
- 06/10/2025 USA Recyclers File Vol.1 – YE CHIU (Metalico), CRONIMET, and 74 Alloys (Tungco)
- 05/26/2025 Winds from San Diego: Stable Stainless Demand in the U.S., but Uncertain Outlook for the Global Market
- 05/26/2025 Winds from San Diego: India as the Future Core of the Global Circular Economy
- 03/14/2025 Tungsten & Molybdenum Scrap Market Trends: Tungsten Scrap Surges Amid China's Export Restrictions
- 02/28/2025 MRAI's 12th IMRC 2025 Report①: Interviews with IRM, MIL, Gravita
- 11/25/2024 Interview with the Expert from a Major Nickel Producer: Future Trends of the Nickel Market
