Local Turkish scrap market continues its uptrend

Monday, 30 November 2020 16:10:48 (GMT+3)   |   Istanbul

Turkish mills continue to revise their domestic scrap quotations upwards. Against the backdrop of the rises recorded in the deep sea scrap segment, today’s revisions by some Turkish mills have been in the range of TRY 100-170/mt or $15-24/mt. Other mills’ prices have remained stable but due to the slight change in the exchange rate these mills’ dollar-based prices have increased by $2/mt. As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has reached TRY 2,250-2,770/mt or $289-356/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 27.11.2020

27.11.2020 

Çolakoğlu

 

 

 

 

DKP

2,645

340

0

+2

Ekstra

2,470

317

0

+2

Kroman

 

 

 

 

DKP

2,550

328

0

+2

Ekstra

2,440

314

0

+2

İsdemir

 

 

 

 

DKP

2,555

328

+150

+21

Ekstra

2,550

328

+150

+21

Asil Çelik

 

 

 

 

DKP

2,645

340

0

+2

Ekstra

2,435

313

0

+2

IDÇ

 

 

 

 

DKP

2,570

330

+170

+24

Ekstra

2,550

328

+170

+24

Erdemir

 

 

 

 

DKP

2,695

346

+100

+15

Ekstra

2,690

346

+100

+15

Koç Metalürji

 

 

 

 

DKP

2,250

289

0

+2

Ekstra

2,000

257

0

+2

Diler Dış Tic,

 

 

 

 

DKP

2,570

330

0

+2

Ekstra

2,470

317

0

+2

Baştuğ

 

 

 

 

Ekstra

2,250

289

+100

+15

Sıddık

 

 

 

 

DKP

2,550

328

0

+2

Ekstra

2,450

315

0

+2

Ege Çelik

 

 

 

 

DKP

2,675

344

+105

+16

Ekstra

2,565

330

+105

+16

Mescier

 

 

 

 

DKP

2,410

310

0

+2

Ekstra

2,390

307

0

+2

Cansan

 

 

 

 

Ekstra

2,200

283

+100

+15

Kardemir

 

 

 

 

DKP

2,770

356

+100

+15

Ekstra

2,610

335

+100

+15

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

$1 = TRY 7.78

 

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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