SteelOrbis has observed that as of today, June 22, the local Turkish scrap market is moving down with several mill announcing a cut of TRY 15-60/mt in their purchase prices as compared to Friday, June 19, resulting in a $2-9/mt decrease in their dollar-based quotations. Meanwhile, with the exchange rate remaining almost stable, the dollar-based purchase prices of the other mills that decided to keep their lira-based quotations unchanged have moved sideways.
As a result, benchmark DKP grade scrap prices in Turkey are now at TRY 1,675-2,075/mt or $244-302/mt. Market sources confirm that a lack of supply continues to be seen in the local Turkish scrap market and that the market is slowing down in terms of purchasing activity.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
19.06.2020 |
19.06.2020 |
|||
Çolakoğlu |
|
|
|
|
DKP |
1,945 |
284 |
-15 |
-2 |
Ekstra |
1,820 |
265 |
-15 |
-2 |
Kroman |
|
|
|
|
DKP |
1,740 |
254 |
-45 |
-7 |
Ekstra |
1,730 |
252 |
-45 |
-7 |
İsdemir |
|
|
|
|
DKP |
1,795 |
262 |
-40 |
-6 |
Ekstra |
1,790 |
261 |
-40 |
-6 |
Asil Çelik |
|
|
|
|
DKP |
1,915 |
279 |
-15 |
-2 |
Ekstra |
1,750 |
255 |
-15 |
-2 |
IDÇ |
|
|
|
|
DKP |
1,675 |
244 |
0 |
0 |
Ekstra |
1,655 |
241 |
0 |
0 |
Erdemir |
|
|
|
|
DKP |
1,980 |
289 |
-20 |
-3 |
Ekstra |
1,975 |
288 |
-20 |
-3 |
Koç Metalürji |
|
|
|
|
DKP |
1,720 |
251 |
0 |
0 |
Ekstra |
1,500 |
219 |
0 |
0 |
Diler Dış Tic. |
|
|
|
|
DKP |
1,880 |
274 |
-20 |
-3 |
Ekstra |
1,800 |
262 |
-20 |
-3 |
Baştuğ |
|
|
|
|
Ekstra |
1,630 |
238 |
0 |
0 |
Sıddık |
|
|
|
|
DKP |
1,810 |
264 |
-60 |
-9 |
Ekstra |
1,760 |
257 |
-60 |
-9 |
Ege Çelik |
|
|
|
|
DKP |
1,845 |
269 |
0 |
0 |
Ekstra |
1,685 |
246 |
0 |
0 |
Mescier |
|
|
|
|
DKP |
1,740 |
254 |
0 |
0 |
Ekstra |
1,720 |
251 |
0 |
0 |
Cansan |
|
|
|
|
Ekstra |
1,340 |
195 |
0 |
0 |
Kardemir |
|
|
|
|
DKP |
2,075 |
302 |
0 |
0 |
Ekstra |
1,915 |
279 |
0 |
0 |
All above prices are for deliveries to customer and exclude VAT.
$1 = TRY 6.86
