Just one Turkish mill revises domestic scrap purchase price

Friday, 03 April 2020 18:03:48 (GMT+3)   |   Istanbul

Only one mill has decided to revise its domestic scrap purchase prices in Turkey today, April 3, increasing prices by TRY 50/mt, with this reflected as a $1/mt fall in the producer’s dollar-based quotations. Most other mills have kept their prices stable as compared to SteelOrbis’ report published on March 27. It is reported that IDC returned to the market on Monday, March 30, and that its prices have remained stable since then. 

For other mills that decided to keep their Turkish lira based prices stable, their dollar-based quotations have decreased by $1-2/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)

27.03.2020

27.03.2020

Çolakoğlu

 

 

 

 

DKP

1.515

226

0

-2

Ekstra

1.390

207

0

-2

Kroman

 

 

 

 

DKP

1.450

216

0

-2

Ekstra

1.400

209

0

-2

İsdemir

 

 

 

 

DKP

1.450

216

0

-2

Ekstra

1.445

216

0

-2

Asil Çelik

 

 

 

 

DKP

1.485

222

0

-2

Ekstra

1.345

201

0

-2

IDÇ*

 

 

 

 

DKP

1.400

209

0

-2

Ekstra

1.380

206

0

-2

Erdemir

 

 

 

 

DKP

1.550

231

0

-2

Ekstra

1.545

231

0

-2

Diler Dış Tic.

 

 

 

 

DKP

1.480

221

0

-2

Ekstra

1.370

204

0

-2

Baştuğ

 

 

 

 

Ekstra

1.220

182

+50

-1

Sıddık

 

 

 

 

DKP

1.350

201

0

-2

Ekstra

1.300

194

0

-1

Mescier

 

 

 

 

DKP

1.420

212

0

-2

Ekstra

1.400

209

0

-2

Cansan

 

 

 

 

Ekstra

1.120

167

0

-1

Kardemir

 

 

 

 

DKP

1.685

251

0

-2

Ekstra

1.525

228

0

-2

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

$1 = TRY 6.70

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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