SteelOrbis has been informed that local scrap purchase prices of Turkish mills as of June 11, 2012 stand at the following levels, having been revised from the levels issued on June 7:
Product | Price |
P&S | TRY 700-850/mt (approx. $385-467/mt) |
HMS I | TRY 620-840/mt (approx. $341-462/mt) |
HMS I/II (70:30) | TRY 530-720/mt (approx. $291-396/mt) |
HMS I/II (50:50) | TRY 550-640/mt (approx. $302-352/mt) |
HMS II | TRY 495-600/mt (approx. $272-330/mt) |
Manufacturing scrap | TRY 690-700/mt (approx. $379-385/mt) |
Turnings | TRY 530-540/mt (approx. $291-297/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 590/mt (approx. $324/mt).
All above prices are for deliveries to customer.
US$1 = TRY 1.82