Local Turkish scrap market increases during the week

Friday, 04 February 2022 17:22:42 (GMT+3)   |   Istanbul

Since SteelOrbis’ report published on January 28, all Turkish mills have increased their domestic scrap purchase prices by TRY 80-650/mt or $8-50/mt.  The uptrend of the deep sea and short sea scrap segments has supported the mood in the local market. The general range in the local Turkish scrap market for the benchmark DKP grade scrap has increased from TRY 5,980-7,000/mt to TRY 6,200-7,035/mt, while on US dollar basis the prices have been revised from $439-514/mt to $457-519/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 28.01.2022

28.01.2022 

Çolakoğlu

 

 

 

 

DKP

7.005

517

150

13

Ekstra

6.480

478

100

9

Kroman

 

 

 

 

DKP

6.630

489

650

50

Ekstra

6.310

465

600

46

İsdemir

 

 

 

 

DKP

6.700

494

150

13

Ekstra

6.695

494

150

13

Asil Çelik

 

 

 

 

DKP

7.025

518

150

13

Ekstra

6.400

472

100

9

İDÇ

 

 

 

 

DKP

6.430

474

80

8

Ekstra

6.410

473

80

8

Erdemir

 

 

 

 

DKP

7.035

519

150

13

Ekstra

7.030

518

150

13

Diler Dış Tic.

 

 

 

 

DKP

6.500

479

200

17

Ekstra

6.400

472

200

17

Baştuğ

 

 

 

 

DKP

6.200

457

100

9

Ekstra

5.400

398

100

9

Sıddık

 

 

 

 

DKP

6.450

476

380

30

Ekstra

6.400

472

400

31

Ege Çelik

 

 

 

 

DKP

6.730

496

100

10

Ekstra

6.380

471

100

9

Mescier

 

 

 

 

DKP

6.350

468

200

17

Ekstra

6.200

457

200

17

Cansan

 

 

 

 

DKP

6.350

468

200

17

Ekstra

5.600

413

250

20

Kardemir

 

 

 

 

DKP

7.000

516

0

2

Ekstra

6.765

499

0

2

All above prices are for deliveries to customer and exclude VAT. Exchange rate fluctuations are taken into consideration when calculating the dollar-based price changes.

$1 = TRY 13.56

AyçaÖzbay
Ayça Özbay
Editor
All Articles by the Author

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.

Marketplace Offers

Scrap

  Tin foil
Tedarikçi GERDAU CORSA
View Offer

Scrap

  Burr
Tedarikçi GERDAU CORSA
View Offer

Scrap

  Industrial return
Tedarikçi GERDAU CORSA
View Offer

Similar articles

Ex-Baltic scrap prices in Turkey soften amid lack of buyer interest

Some Turkish mills increase local scrap prices to offset weaker lira

Ex-US scrap deal in Turkey concluded at close to $410/mt CFR

Prices in local Turkish scrap market remains stable on lira basis

Turkey's import scrap prices rise further as market sentiment remains firm

Turkey's first ex-US scrap booking after a long absence confirms firm prices

Local Turkish scrap prices unchanged on lira basis

Negative sentiments persist in Turkey's import scrap market

Negative import scrap sentiment halts domestic price uptrend in Turkey

Turkey's import scrap market drops as anticipated, further decline possible