Domestic scrap purchase prices in Turkey decline as expected

Thursday, 19 March 2020 11:27:09 (GMT+3)   |   Istanbul

As a result of the sharp fall observed in the import scrap segment yesterday, March 18, in an ex-Canada scrap deal, today domestic scrap purchase prices in Turkey have been revised downwards as expected.

Most Turkish mills have reduced their domestic scrap purchase prices by TRY 15-70/mt or $5-13/mt, while the depreciation of the Turkish lira against the US dollar has also contributed to the fall recorded in dollar-based quotations. In the meantime, the dollar-based prices of the mills that have kept their Turkish lira prices stable have moved down by $2-3/mt for the same reason.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

18.03.2020

18.03.2020

Çolakoğlu

 

 

 

 

DKP

1,750

268

-35

-8

Ekstra

1,625

249

-35

-8

Kroman

 

 

 

 

DKP

1,600

245

0

-2

Ekstra

1,525

234

0

-2

İsdemir

 

 

 

 

DKP

1,670

256

0

-2

Ekstra

1,665

255

0

-2

Asil Çelik

 

 

 

 

DKP

1,735

266

-35

-8

Ekstra

1,580

242

-30

-7

IDÇ

 

 

 

 

DKP

1,570

241

-30

-7

Ekstra

1,550

238

-30

-7

Erdemir

 

 

 

 

DKP

1,830

281

0

-3

Ekstra

1,825

280

0

-3

Koç Metalürji

 

 

 

 

DKP

1,550

238

0

-2

Ekstra

1,330

204

0

-2

Diler Dış Tic,

 

 

 

 

DKP

1,685

258

-15

-5

Ekstra

1,575

242

-15

-5

Baştuğ

 

 

 

 

Ekstra

1,340

206

-50

-10

Sıddık

 

 

 

 

DKP

1,610

247

-60

-12

Ekstra

1,560

239

-60

-12

Ege Çelik

 

 

 

 

DKP

1,610

247

-70

-13

Ekstra

1,470

225

-65

-12

Mescier

 

 

 

 

DKP

1,560

239

0

-2

Ekstra

1,540

236

0

-2

Cansan

 

 

 

 

Ekstra

1,330

204

-40

-8

Kardemir

 

 

 

 

DKP

1,925

295

0

-3

Ekstra

1,765

271

0

-3

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

$1 = TRY 6.52

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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