SteelOrbis has been informed that, effective as of June 6 Turkish steel producer Kardemir has reduced its local scrap purchase prices by about TRY 50/mt ($27/mt). Accordingly, Kardemir's local scrap purchase prices are as follows:
Grade |
Price (TRY/mt) |
P&S |
785 ($424/mt) |
HMS I |
775 ($419/mt) |
HMS I/II (70:30) |
720 ($389/mt) |
HMS I/II (50:50) |
615 ($332/mt) |
All the above prices are for deliveries to customer.
$1 = TRY 1.85