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Japan. Key scrap buyer Tokyo Steel reduced its purchase prices for steel scrap on Friday, the second drop it has announced this week. The mill reduced buy prices by ¥500 ($5) per tonne, except for Shindachi grades at its Tahara and Okayama works. The reductions meant that the Utsunomiya mill will pay ¥47,000 ($429) per tonne for H2-grade ...

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