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 December 21, 2004, SteelOrbis is reported.

Product           Price
HMS I             TL 345.000-370.000/kg+VAT (approx. $247-265/mt+VAT)
HMS I/II (70:30)  TL 315.000-340.000/kg+VAT (approx. $226-244/mt+VAT)
HMS I/II (50:50)  TL 275.000-290.000/kg+VAT (approx. $197-208/mt+VAT)
HMS II            TL 240.000/kg+VAT         (approx. $172/mt+VAT)
Turnings          TL 250.000-275.000/kg+VAT (approx. $179-197/mt+VAT)

€ 1   = TL 1'866'600
US$ 1 = TL 1'395'900