Diverse trends in local Turkish scrap market

Friday, 13 November 2020 16:56:08 (GMT+3)   |   Istanbul

While most Turkish mills have kept their domestic scrap purchase prices stable today, November 13, some have reduced their prices by TRY 30-50/mt ($6-9/mt), with one steelmaker increasing its quotations by TRY 60/mt ($5/mt).

Accordingly, the benchmark DKP grade scrap quotations in Turkey are still in the range of TRY 2,240-2,570/mt or $289-332/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 12.11.2020

12.11.2020 

Çolakoğlu

 

 

 

 

DKP

2,455

317

0

-3

Ekstra

2,280

295

0

-3

Kroman

 

 

 

 

DKP

2,250

291

-30

-7

Ekstra

2,180

282

-30

-6

İsdemir

 

 

 

 

DKP

2,405

311

+60

+5

Ekstra

2,400

310

+60

+5

Asil Çelik

 

 

 

 

DKP

2,455

317

0

-3

Ekstra

2,205

285

0

-3

IDÇ

 

 

 

 

DKP

2,250

291

0

-3

Ekstra

2,230

288

0

-3

Erdemir

 

 

 

 

DKP

2,505

324

0

-3

Ekstra

2,500

323

0

-3

Koç Metalürji

 

 

 

 

DKP

2,250

291

0

-3

Ekstra

2,000

258

0

-2

Diler Dış Tic.

 

 

 

 

DKP

2,330

301

-50

-9

Ekstra

2,230

288

-50

-9

Baştuğ

 

 

 

 

Ekstra

1,900

245

0

-2

Sıddık

 

 

 

 

DKP

2,290

296

0

-3

Ekstra

2,210

286

0

-3

Ege Çelik

 

 

 

 

DKP

2,320

300

0

-3

Ekstra

2,220

287

0

-3

Mescier

 

 

 

 

DKP

2,240

289

0

-3

Ekstra

2,220

287

0

-3

Cansan

 

 

 

 

Ekstra

1,950

252

0

-2

Kardemir

 

 

 

 

DKP

2,570

332

0

-3

Ekstra

2,410

311

0

-3

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

$1 = TRY 7.74

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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