Five Turkish mills raise domestic scrap purchase prices

Wednesday, 22 July 2020 14:54:05 (GMT+3)   |   Istanbul

Today, July 21, five Turkish mills have increased their domestic scrap purchase prices by TRY 10-50/mt, which equals to $2-8/mt. Other producers have decided to keep their quotations stable, resulting in a stable trend of these mills’ dollar-based quotations. Despite the increases, the benchmark DKP prices are now in the range of TRY 1,705-2,045/mt or $249-299/mt. The uptrend observed in Turkey’s import scrap market is also being reflected in the local market.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

21.07.2020 

 21.07.2020

Çolakoğlu

 

 

 

 

DKP

1,940

284

0

0

Ekstra

1,795

262

0

0

Kroman

 

 

 

 

DKP

1,830

268

0

0

Ekstra

1,740

254

0

0

İsdemir

 

 

 

 

DKP

1,885

276

+50

+8

Ekstra

1,880

275

+50

+8

Asil Çelik

 

 

 

 

DKP

1,905

279

0

0

Ekstra

1,700

249

0

0

IDÇ

 

 

 

 

DKP

1,705

249

0

0

Ekstra

1,685

246

0

0

Erdemir

 

 

 

 

DKP

1,995

292

+15

+3

Ekstra

1,990

291

+15

+3

Koç Metalürji

 

 

 

 

DKP

1,820

266

+30

+5

Ekstra

1,570

230

+30

+5

Diler Dış Tic.

 

 

 

 

DKP

1,890

276

0

0

Ekstra

1,790

262

0

0

Baştuğ

 

 

 

 

Ekstra

1,540

225

0

0

Sıddık

 

 

 

 

DKP

1,820

266

0

0

Ekstra

1,770

259

0

0

Ege Çelik

 

 

 

 

DKP

1,840

269

+10

+2

Ekstra

1,725

252

+15

+3

Mescier

 

 

 

 

DKP

1,760

257

0

0

Ekstra

1,740

254

0

0

Cansan

 

 

 

 

Ekstra

1,570

230

+30

+5

Kardemir

 

 

 

 

DKP

2,045

299

0

0

Ekstra

1,885

276

0

0

 

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

$1 = TRY 6.84

AyçaÖzbay
Ayça Özbay
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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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