Almost all Turkish mills hike local scrap quotations

Thursday, 06 May 2021 22:29:53 (GMT+3)   |   Istanbul

Today, May 6, almost every Turkish mill has raised its domestic scrap prices, with the revisions in the range of TRY 70-200/mt or $8-24/mt, depending on the grade. Two mills have kept their prices stable in local currency, with a sideways movement in their dollar prices. As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained stable at TRY 3,400-4,030/mt, while the dollar-based quotations are still at $407-483/mt. It is clear that the anticipated rises in the deep sea scrap segment are supporting the upward revisions in the local Turkish scrap market.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

05.05.2021 

 05.05.2021

Çolakoğlu

 

 

 

 

DKP

3,925

470

150

18

Ekstra

3,610

432

150

18

Kroman

 

 

 

 

DKP

3,710

444

160

19

Ekstra

3,590

430

160

19

İsdemir

 

 

 

 

DKP

3,930

471

150

18

Ekstra

3,925

470

150

18

Asil Çelik

 

 

 

 

DKP

3,935

471

160

19

Ekstra

3,600

431

200

24

IDÇ

 

 

 

 

DKP

3,400

407

0

0

Ekstra

3,380

405

0

0

Erdemir

 

 

 

 

DKP

3,985

477

150

18

Ekstra

3,980

477

150

18

Koç Metalürji

 

 

 

 

DKP

3,750

449

0

0

Ekstra

3,350

401

0

0

Diler Dış Tic.

 

 

 

 

DKP

3,670

440

150

18

Ekstra

3,600

431

150

18

Baştuğ

 

 

 

 

Ekstra

3,750

449

150

18

Sıddık

 

 

 

 

DKP

3,650

437

150

18

Ekstra

3,600

431

150

18

Ege Çelik

 

 

 

 

DKP

3,680

441

70

8

Ekstra

3,500

419

70

8

Mescier

 

 

 

 

DKP

3,620

434

200

24

Ekstra

3,600

431

200

24

Kardemir

 

 

 

 

DKP

4,030

483

0

0

Ekstra

3,745

449

0

0

All above prices are for deliveries to customer and exclude VAT. Exchange rate fluctuations are taken into consideration when calculating the dollar-based price changes.

$1 = TRY 8.35

AyçaÖzbay
Ayça Özbay
Editor
All Articles by the Author

I graduated from the Faculty of Business Administration at Istanbul University and have been part of SteelOrbis since 2014. After six years in the Content Team, I joined the Market Intelligence department, where I now serve as Head of Ferrous Scrap Market Intelligence. In my role, I lead our global ferrous scrap market intelligence activities, overseeing price assessments, market analysis, and forecasting while working closely with industry participants across international markets. My focus is on tracking global ferrous scrap trade flows, pricing dynamics, and supply-demand fundamentals, providing data-driven insights that help market participants navigate an increasingly complex steel industry.

Marketplace Offers

Scrap

  Tin foil
Tedarikçi GERDAU CORSA
View Offer

Scrap

  Burr
Tedarikçi GERDAU CORSA
View Offer

Scrap

  Industrial return
Tedarikçi GERDAU CORSA
View Offer

Similar articles

Ex-Baltic scrap prices in Turkey soften amid lack of buyer interest

Some Turkish mills increase local scrap prices to offset weaker lira

Ex-US scrap deal in Turkey concluded at close to $410/mt CFR

Prices in local Turkish scrap market remains stable on lira basis

Turkey's import scrap prices rise further as market sentiment remains firm

Turkey's first ex-US scrap booking after a long absence confirms firm prices

Local Turkish scrap prices unchanged on lira basis

Negative sentiments persist in Turkey's import scrap market

Negative import scrap sentiment halts domestic price uptrend in Turkey

Turkey's import scrap market drops as anticipated, further decline possible