Five Turkish mills increase their local scrap prices

Friday, 07 August 2020 15:18:18 (GMT+3)   |   Istanbul

Today, August 7, five Turkish mills have increased their domestic scrap purchase prices by TRY 20-115/mt, with their price range on US dollar basis down $7/mt on the lower end and up $6/mt on the higher end, while the prices of the remaining producers have remained unchanged in Turkish lira basis and have declined by $10-12/mt, against the backdrop of currency fluctuations. The overall benchmark DKP price range in Turkey now stands at TRY 1,840-2,180/mt ($254-301/mt), stable in Turkish liras and down by $10-11/mt on US dollar basis.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

05.08.2020 

 05.08.2020

Çolakoğlu

 

 

 

 

DKP

2,045

282

0

-11

Ekstra

1,900

262

0

-10

Kroman

 

     

DKP

1,900

262

0

-10

Ekstra

1,845

254

0

-10

İsdemir

 

     

DKP

1,965

271

0

-10

Ekstra

1,960

270

0

-10

Asil Çelik

 

     

DKP

2,010

277

0

-11

Ekstra

1,805

249

0

-10

IDÇ

 

     

DKP

1,850

255

0

0

Ekstra

1,830

252

0

0

Erdemir

 

     

DKP

2,095

289

0

-11

Ekstra

2,090

288

0

-11

Koç Metalürji

 

     

DKP

1,960

270

40

-5

Ekstra

1,710

236

40

-3

Diler Dış Tic.

 

     

DKP

1.990

274

0

-11

Ekstra

1.890

261

0

-10

Baştuğ

 

     

Ekstra

1,700

234

50

-2

Sıddık

 

     

DKP

1,920

265

0

-10

Ekstra

1,870

258

0

-10

Ege Çelik

 

     

DKP

1,970

272

105

5

Ekstra

1,915

264

115

6

Mescier

 

     

DKP

1,840

254

0

-10

Ekstra

1,820

251

0

-10

Cansan

 

     

Ekstra

1,910

263

40

-4

Kardemir

 

     

DKP

2,180

301

0

-12

Ekstra

2,020

279

0

-11

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

$1 = TRY 7.25

 

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

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