SteelOrbis has been informed that local scrap purchase prices of Turkish mills as of February 7, 2012 stand at the following levels, having been revised from the levels issued on February 3:
Product | Price |
P&S | TRY 730-850/mt (approx. $417-486/mt) |
HMS I | TRY 670-840/mt (approx. $383-480/mt) |
HMS I/II (70:30) | TRY 640-730/mt (approx. $366-417/mt) |
HMS I/II (50:50) | TRY 570-625/mt (approx. $326-357/mt) |
HMS II | TRY 550/mt (approx. $314/mt) |
Turnings | TRY 550/mt (approx. $314/mt) |
Meanwhile, in its price list a Turkish mill has announced a single overall price for a mixed quality composed of HMS I/II (70:30), HMS I/II (50:50) and HMS II at TRY 610/mt (approx. $349/mt).
All above prices are for deliveries to customer.
US$1 = TRY 1.75