TEX reported that Japan's largest electric steelmaker Tokyo Steel Mfg Co has increased what the company pays for locally available ferrous scrap by a uniform JPY 500 per tonne for all grades of arrivals at its four works except the Utsunomiya works, effective with January 21st 2011 purchases.
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Wednesday, January 26, 2011
Tokyo Steel hikes scrap purchase prices by JPY 500 a tonne
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