SteelOrbis has been informed that local scrap purchase prices of Turkish mills as of January 26, 2012 stand at the following levels, having been revised from the levels issued on January 25:
Product | Price |
P&S | TRY 750-870/mt (approx. $414-481/mt) |
HMS I | TRY 680-860/mt (approx. $376-475/mt) |
HMS I/II (70:30) | TRY 600-750/mt (approx. $332-414/mt) |
HMS I/II (50:50) | TRY 550-645/mt (approx. $304-356/mt) |
HMS II | TRY 550-570/mt (approx. $304-315/mt) |
Turnings | TRY 570/mt (approx. $315/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 630/mt (approx. $348/mt).
All above prices are for deliveries to customer.
US$1 = TRY 1.81