Tokyo steel hikes H2 scrap buying prices effective Sep 11th
The country's top producer of H-beams- Tokyo Steel has announced a hike
TOKYO (Scrap Monster): The country’s top producer of H-beams- Tokyo Steel has announced a hike of ¥ 500/ton to ¥ 1,000/ton in scrap purchasing prices effective September 11th, 2014 ie., today.
Post hike, the average scrap purchasing price now remain in the range ¥ 32,500~ ¥ 33,500/ton.
The scrap purchasing prices at Okayama works in Western Japan were at ¥ 33,000/ton and those in Kyushu works increased to ¥ 33,000/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 ¥ 32,500/ton.
The scrap purchasing prices at Utsunomiya works in northern Kanto have now increased to ¥ 33,000/ton.
The company had maintained the scrap purchasing prices mostly during the month of August.
Scrap Metal Prices
| Copper Scrap | ||
| Alternator | 0.32 | $US/Lb |
| #1 Copper Bare Bright | 3.72 | $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 | ||