Kardemir revises down local scrap purchase prices

Thursday, 24 May 2012 18:16:50 (GMT+3)   |  

After some Turkish mills have revised down ther local scrap purchase prices yesterday, May 23, local steel producer Kardemir pushed down its local scrap purchase prices today, by about TRY 10/mt ($5/mt). Accordingly, Kardemir's local scrap purchase prices are as follows:

Grade

 Price (TRY/mt)

P&S

835 ($451/mt)

HMS I

825 ($446/mt)

HMS I/II (70:30)

770 ($416/mt)

HMS I/II (50:50)

665 ($360/mt)

All the above prices are for deliveries to customer.

$1 = TRY 1.85


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