Domestic scrap purchase prices in Turkey continue to fall

Thursday, 26 March 2020 11:52:28 (GMT+3)   |   Istanbul

The downtrend of Turkish mills’ domestic scrap purchase prices has continued today, March 26, with some quotations moving down by TRY 20-50/mt as compared to yesterday. As a result, some mills have cut their dollar-based prices by $2-11/mt depending on the grade.

For the mills that have decided to keep their Turkish lira-based prices stable, their quotations on dollar basis have decreased by $2-3/mt due to the depreciation of the Turkish lira against the US dollar.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

25.03.2020

25.03.2020

Çolakoğlu

 

 

 

 

DKP

1,515

233

-50

-11

Ekstra

1,390

214

-50

-10

Kroman

 

 

 

 

DKP

1,450

223

0

-3

Ekstra

1,400

216

0

-3

İsdemir

 

 

 

 

DKP

1,480

228

-50

-11

Ekstra

1,475

227

-50

-11

Asil Çelik

 

 

 

 

DKP

1,485

229

-50

-11

Ekstra

1,345

207

-50

-10

Erdemir

 

 

 

 

DKP

1,600

247

-50

-11

Ekstra

1,595

246

-50

-11

Diler Dış Tic.

 

 

 

 

DKP

1,480

228

-20

-6

Ekstra

1,370

211

-20

-6

Baştuğ

 

 

 

 

Ekstra

1,300

200

0

-2

Sıddık

 

 

 

 

DKP

1,350

208

-50

-10

Ekstra

1,300

200

-50

-10

Ege Çelik

 

 

 

 

DKP

1,460

225

0

-3

Ekstra

1,320

203

0

-3

Mescier

 

 

 

 

DKP

1,430

220

0

-3

Ekstra

1,410

217

0

-3

Cansan

 

 

 

 

Ekstra

1,120

173

-30

-7

Kardemir

 

 

 

 

DKP

1,805

278

0

-3

Ekstra

1,645

253

0

-3

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

$1 = TRY 6.49

 

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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