Aichi Steel, a Japanese steelmaker and a member of the Toyota Group, increased its SUS304 stainless steel scrap purchase prices by JPY 10,000\/t ($63\/t), effective 8 May, marking another sharp hike amid tightening scrap availability and firm export demand. The latest increase follows two earlier revisions in April, highlighting continued strength in Japan’s stainless steel raw material market. Market participants noted that major Japanese stainless steel producers are raising procurement prices aggressively to secure adequate scrap supplies.<\/p>\n","protected":false},"excerpt":{"rendered":"
Aichi Steel, a Japanese steelmaker and a member of the Toyota Group, increased its SUS304…<\/p>\n","protected":false},"author":1,"featured_media":65862,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[313],"tags":[],"class_list":["post-65861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-36-4.jpg?fit=1280%2C720&ssl=1?v=1778581091",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-36-4.jpg?resize=150%2C150&ssl=1?v=1778581091",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-36-4.jpg?fit=300%2C169&ssl=1?v=1778581091",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-36-4.jpg?fit=640%2C360&ssl=1?v=1778581091",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-36-4.jpg?fit=640%2C360&ssl=1?v=1778581091",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-36-4.jpg?fit=1280%2C720&ssl=1?v=1778581091",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-36-4.jpg?fit=1280%2C720&ssl=1?v=1778581091",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-36-4.jpg?resize=1115%2C715&ssl=1?v=1778581091",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-36-4.jpg?resize=800%2C500&ssl=1?v=1778581091",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-36-4.jpg?fit=1024%2C576&ssl=1?v=1778581091",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-36-4.jpg?resize=540%2C340&ssl=1?v=1778581091",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-36-4.jpg?resize=400%2C250&ssl=1?v=1778581091",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"Iron & Steel<\/a>","tag_info":"Iron & Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-36-4.jpg?fit=1280%2C720&ssl=1?v=1778581091","jetpack-related-posts":[{"id":46537,"url":"https:\/\/biztrend24.com\/?p=46537&lang=en","url_meta":{"origin":65861,"position":0},"title":"Stainless steel scrap prices fall on weak demand, rising NPI usage, semi-final","author":"Biz Trend 24","date":"November 8, 2025","format":false,"excerpt":"\u2022 Weak buying sentiment puts pressure on scrap prices \u2022 LME nickel prices edge down, stocks still rise Stainless steel scrap prices in India came under pressure this week as buying sentiment in the domestic market remained weak and there was ample scrap availability. 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