Local Turkish scrap market moves down

Friday, 08 January 2021 15:29:20 (GMT+3)   |   Istanbul

Some Turkish mills have again reduced their domestic scrap purchase prices since January 4 to the range of TRY 25-200/mt or $2-26/mt, depending on the buyer and the grade. The dollar-based quotations of the other mills that kept their purchase prices stable have increased by $1/mt. Currently, the general range in the local Turkish scrap market for the benchmark DKP grade scrap is in the range of TRY 3,150-3,725/mt, while the dollar-based quotations have decreased from the range of $428-520/mt to $429-507/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

04.01.2021

04.01.2021 

Çolakoğlu

 

 

 

 

DKP

3,575

487

-39

-4

Ekstra

3,340

455

-100

-12

Kroman

 

 

 

 

DKP

3,305

450

-50

-6

Ekstra

3,155

430

-50

-6

İsdemir

 

 

 

 

DKP

3,365

458

-140

-18

Ekstra

3,360

458

-140

-18

Asil Çelik

 

 

 

 

DKP

3,575

487

-40

-4

Ekstra

3,200

436

-200

-26

IDÇ

 

 

 

 

DKP

3,350

456

0

1

Ekstra

3,330

454

0

1

Erdemir

 

 

 

 

DKP

3,625

494

-90

-11

Ekstra

3,620

493

-90

-11

Koç Metalürji

 

 

 

 

DKP

3,150

429

0

1

Ekstra

2,850

388

0

1

Diler Dış Tic,

 

 

 

 

DKP

3,350

456

0

1

Ekstra

3,230

440

0

1

Baştuğ

 

 

 

 

Ekstra

2,800

381

-100

-13

Sıddık

 

 

 

 

DKP

3,220

439

0

1

Ekstra

3,100

422

0

1

Ege Çelik

 

 

 

 

DKP

3,405

464

-25

-2

Ekstra

3,275

446

-25

-2

Mescier

 

 

 

 

DKP

3,270

446

0

1

Ekstra

3,250

443

0

1

Cansan

 

 

 

 

Ekstra

2,750

375

0

1

Kardemir

 

 

 

 

DKP

3,725

507

-100

-12

Ekstra

3,565

486

-100

-12

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

$1 = TRY 7.34

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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