SteelOrbis has been informed that local scrap purchase prices of Turkish mills as of June 7, 2012 stand at the following levels, having been revised from the levels issued on June 4:
Product | Price |
P&S | TRY 730-850/mt (approx. $399-464/mt) |
HMS I | TRY 640-840/mt (approx. $350-459/mt) |
HMS I/II (70:30) | TRY 570-720/mt (approx. $311-393/mt) |
HMS I/II (50:50) | TRY 590-640/mt (approx. $322-350/mt) |
HMS II | TRY 525-600/mt (approx. $287-328/mt) |
Manufacturing scrap | TRY 720-745/mt (approx. $393-407/mt) |
Turnings | TRY 540-600/mt (approx. $295-328/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. $322/mt).
All above prices are for deliveries to customer.
US$1 = TRY 1.83