January 30, 2026

Japan: Tokyo Steel cuts scrap purchase prices at Kyushu, keeps rates unchanged at other plants

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Tokyo Steel revised its scrap purchase prices for the second time this month, effective January 27, 2026. The company cut prices by JPY 500 ($3/t) at its Kyushu plant, while keeping rates unchanged at other facilities. Price revisions at the Takamatsu plant remain suspended.

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  • Kyushu: JPY 43,500/t ($284/t).
  • Tahara, Okayama, Nagoya, Kansai, Utsunomiya and Tokyo Bay: JPY 44,000/t ($287/t).