Another rise in local Turkish scrap market

Thursday, 24 December 2020 15:53:13 (GMT+3)   |   Istanbul

Today, December 24, another price rise in the local Turkish scrap market has been observed within the range of TRY 80-200/mt or $15-31/mt, depending on the buyer and the grade. The other mills’ dollar based quotations have increased by $4-5/mt in this period amid the ongoing strengthening of the lira against the dollar. Despite the revisions, the general range in the local Turkish scrap market for the benchmark DKP grade scrap is still in the range of TRY 3,250-3,825/mt, while the dollar-based quotations have increased from the range of $426-501/mt to $430-507/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 22.12.2020

22.12.2020 

Çolakoğlu

 

 

 

 

DKP

3,715

492

100

18

Ekstra

3,540

469

100

18

Kroman

 

 

 

 

DKP

3,600

477

100

18

Ekstra

3,510

465

80

15

İsdemir

 

 

 

 

DKP

3,605

477

0

5

Ekstra

3,600

477

0

5

Asil Çelik

 

 

 

 

DKP

3,740

495

100

18

Ekstra

3,565

472

100

18

IDÇ

 

 

 

 

DKP

3,260

432

0

5

Ekstra

3,240

429

0

4

Erdemir

 

 

 

 

DKP

3,675

487

0

5

Ekstra

3,670

486

0

5

Koç Metalürji

 

 

 

 

DKP

3,250

430

0

5

Ekstra

2,950

391

0

4

Diler Dış Tic,

 

 

 

 

DKP

3,660

485

100

18

Ekstra

3,540

469

100

18

Baştuğ

 

 

 

 

Ekstra

3,300

437

200

31

Sıddık

 

 

 

 

DKP

3,640

482

100

18

Ekstra

3,520

466

100

18

Ege Çelik

 

 

 

 

DKP

3,340

442

0

5

Ekstra

3,210

425

0

4

Mescier

 

 

 

 

DKP

3,460

458

0

5

Ekstra

3,440

456

0

5

Cansan

 

 

 

 

Ekstra

3,100

411

0

4

Kardemir

 

 

 

 

DKP

3,825

507

0

5

Ekstra

3,665

485

0

5

                                                      

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

$1 = TRY 7.55

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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