Domestic scrap purchase prices of Turkish producers

Domestic scrap purchase prices of Turkish producers

Domestic prices of local Turkish producers for scrap purchase are at following levels as of November 5, 2004, SteelOrbis is reported.

Product              Price

HMS I             TL 350.000-370.000/kg+VAT (approx. $239-253/mt+VAT)
HMS I/II (70:30)  TL 320.000-340.000/kg+VAT (approx. $219-232/mt+VAT)
HMS I/II (50:50)  TL 280.000/kg+VAT         (approx. $191/mt+VAT)
HMS II            TL 250.000/kg+VAT         (approx. $171/mt+VAT)
Turnings          TL 255.000/kg+VAT         (approx. $174/mt+VAT)

1 EUR = 1'882'660.76 TL 1 USD = 1'460'099.63 TL