Another increase in local Turkish scrap market

Wednesday, 16 December 2020 16:39:53 (GMT+3)   |   Istanbul

Following Turkisht mills’ decision to increase their domestic scrap purchase prices yesterday, December 15, a few mills have increased their prices again today. The revision is observed to be within the range of TRY 200-300/mt or $28-41/mt as compared to the levels recorded yesterday, while the dollar-based quotations of the mills that kept their prices stable have increased by $2/mt amid the appreciation of the lira against the dollar.

Accordingly, the general range in the local Turkish scrap market for the benchmark DKP grade scrap is now TRY 2,555-3,655/mt, increasing by TRY 200/mt on the upper end, with dollar-based quotations increasing from the range of $326-441/mt to $328-469/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 15.12.2020

15.12.2020 

Çolakoğlu

 

 

 

 

DKP

3,365

431

0

2

Ekstra

3,190

409

0

2

Kroman

 

 

 

 

DKP

3,200

410

0

2

Ekstra

3,180

408

0

2

İsdemir

 

 

 

 

DKP

2,555

328

0

2

Ekstra

2,550

327

0

2

Asil Çelik

 

 

 

 

DKP

3,365

431

0

2

Ekstra

3,190

409

0

2

IDÇ

 

 

 

 

DKP

3,040

390

0

2

Ekstra

3,020

387

0

2

Erdemir

 

 

 

 

DKP

3,425

439

300

41

Ekstra

3,420

438

300

41

Koç Metalürji

 

 

 

 

DKP

3,050

391

0

2

Ekstra

2,800

359

0

2

Diler Dış Tic,

 

 

 

 

DKP

3,290

422

0

2

Ekstra

3,190

409

0

2

Baştuğ

 

 

 

 

Ekstra

2,800

359

0

2

Sıddık

 

 

 

 

DKP

3,270

419

0

2

Ekstra

3,170

406

0

2

Ege Çelik

 

 

 

 

DKP

3,120

400

0

2

Ekstra

3,010

386

0

2

Mescier

 

 

 

 

DKP

3,210

412

300

40

Ekstra

3,190

409

300

40

Cansan

 

 

 

 

Ekstra

2,800

359

0

2

Kardemir

 

 

 

 

DKP

3,655

469

200

28

Ekstra

3,495

448

200

28

All above prices are for deliveries to customer and exclude VAT, 

$1 = TRY 7.80

 

AyçaÖzbay
Ayça Özbay
Editor
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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.

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