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 October 15, 2004, SteelOrbis is reported.

Product           Price
HMS I             TL 370.000-380.000/kg+VAT (approx. $249-256/mt+VAT)
HMS I/II (70:30)  TL 340.000-350.000/kg+VAT (approx. $229-236/mt+VAT)
HMS I/II (50:50)  TL 290.000-310.000/kg+VAT (approx. $195-209/mt+VAT)
HMS II            TL 235.000-265.000/kg+VAT (approx. $158-179/mt+VAT)
Turnings          TL 285.000/kg+VAT         (approx. $192/mt+VAT)

€ 1   = TL 1'851'579
US$ 1 = TL 1'483'756