Six Chubu electric-furnace operators raised posted prices for all steel scrap grades uniformly by ¥1,000, including Chubu Steel Plate and the Nagoya plant of Kyoei Steel. Multiple companies began applying the increases from the 10th.
It has been reported that six Chubu electric-furnace operators raised posted prices for all steel scrap grades uniformly by ¥1,000. Reports indicate that the increases took effect from the 10th, and several other companies also made similar increases.
Chubu Steel Plate and the Nagoya plant of Kyoei Steel were named among the companies affected, while Yamaguchi Steel reportedly raised its purchase price by ¥1,000 from the same day. In addition, Daido Steel and Topy Industries Toyohashi Plant raised posted prices by ¥1,000 from the 9th, and Aichi Steel reportedly raised purchase prices for all product grades by ¥1,000.