Prices of some domestic steel mills in the local Turkish scrap market have increased further today, June 10, rising by TRY 15-60/mt which equals to an increase of $1-8/mt on US dollar basis. Due to the depreciation of the Turkish lira, the decision by other mills to keep domestic scrap purchase prices unchanged has caused a $1/mt fall in their dollar-based quotations. After the revision in question, only a very few mills are observed to have maintained their quotations stable as compared to Friday, June 5.
The lack of supply in the local Turkish scrap market which had started with the spread of Covid-19 still continues, while market sources believe this problem will be solved gradually in line with the acceleration of industrial production. The Turkish government’s steps to ease the measures taken against the virus and stimulate businesses are considered to be promising. Also, the increase observed in the import scrap market is pushing up domestic scrap purchase quotations.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
08.06.2020 |
08.06.2020 |
|||
Çolakoğlu |
|
|
|
|
DKP |
1.920 |
283 |
+40 |
+5 |
Ekstra |
1.795 |
264 |
+40 |
+5 |
Kroman |
|
|
|
|
DKP |
1.770 |
261 |
+60 |
+8 |
Ekstra |
1.760 |
259 |
+60 |
+8 |
İsdemir |
|
|
|
|
DKP |
1.810 |
267 |
0 |
-1 |
Ekstra |
1.805 |
266 |
0 |
-1 |
Asil Çelik |
|
|
|
|
DKP |
1.890 |
278 |
+40 |
+5 |
Ekstra |
1.765 |
260 |
+40 |
+5 |
IDÇ |
|
|
|
|
DKP |
1.630 |
240 |
0 |
-1 |
Ekstra |
1.610 |
237 |
0 |
-1 |
Erdemir |
|
|
|
|
DKP |
1.920 |
283 |
0 |
-1 |
Ekstra |
1.915 |
282 |
0 |
-1 |
Koç Metalürji |
|
|
|
|
DKP |
1.720 |
253 |
0 |
-1 |
Ekstra |
1.500 |
221 |
0 |
-1 |
Diler Dış Tic. |
|
|
|
|
DKP |
1.880 |
277 |
+40 |
+5 |
Ekstra |
1.770 |
261 |
+40 |
+5 |
Baştuğ |
|
|
|
|
Ekstra |
1.630 |
240 |
0 |
-1 |
Sıddık |
|
|
|
|
DKP |
1.830 |
270 |
+40 |
+5 |
Ekstra |
1.770 |
261 |
+40 |
+5 |
Ege Çelik |
|
|
|
|
DKP |
1.805 |
266 |
+15 |
+1 |
Ekstra |
1.640 |
242 |
+15 |
+2 |
Mescier |
|
|
|
|
DKP |
1.700 |
250 |
0 |
-1 |
Ekstra |
1.680 |
247 |
0 |
-1 |
Cansan |
|
|
|
|
Ekstra |
1.340 |
197 |
0 |
-1 |
Kardemir |
|
|
|
|
DKP |
2.025 |
298 |
0 |
-1 |
Ekstra |
1.865 |
275 |
0 |
-1 |
All above prices are for deliveries to customer and exclude VAT.
$1 = TRY 6.79
