Calculator

Turnings Borings Calculator

Estimate the value of turnings borings based on global steel commodity index – contamination discount.

Steel Turnings Price Estimation

Estimated Market Price

£220

Per Metric Tonne • Ex-Works Basis

Base Price

£300

Contamination

−£30

Oil Penalty

−£50

Base Steel Price£300

Typical Range: £300 - £450

Contamination Penalty−£30

Typical: £30 - £50 (approx. 2-5% impurity)

Oil / Drying Cost−£50

Typical: £50 - £100 depending on oil content.

Pricing Formula

Base steel price – Processing cost (drying) – Oil contamination penalty

Global steel commodity index – Contamination discount

£245/tonne (November 2025)

Base steel price – Processing cost (drying) – Oil contamination penalty

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