Tokyo steel cuts H2 scrap buying prices effective July 17th
The country's top producer of H-beams- Tokyo Steel has announced a cut in scrap purchasing prices
TOKYO (Scrap Monster): The country’s top producer of H-beams- Tokyo Steel has announced a cut of ¥ 500/ton to ¥ 1,000/ton in scrap purchasing prices effective July 17th, 2014 ie., today.
Post cut, the average scrap purchasing price now remain in the range ¥ 31,500~ ¥ 33,500/ton.
The scrap purchasing prices at Okayama works in Western Japan were at ¥ 32,500/ton and those in Kyushu works remained flat at ¥ 32,500/ton.
Tokyo Steel’s scrap purchasing prices in Tahara works in Central Japan were at ¥ 33,500/ton, while those in Takamatsu steel center were at ¥ 31,500/ton.
The scrap purchasing prices at Utsunomiya works in northern Kanto have now dropped to ¥ 32,500/ton.
Earlier, the company had announced cut of ¥ 500/ton in scrap purchasing prices at Utsunomiya works effective July 8th, 2014.
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Scrap Metal Prices
Copper Scrap | ||
Alternator | 0.32 | $US/Lb |
#1 Copper Bare Bright | 3.75 | $US/Lb |
Aluminum Scrap | ||
356 Aluminum Wheels (Clean) | 0.73 | $US/Lb |
6061 Extrusions | 0.64 | $US/Lb |
Steel Scrap | ||
#1 Bundle | 460.00 | $US/MT |
#1 Busheling | 480.00 | $US/MT |
Electronics Scrap |