Local Turkish scrap market moves sideways

Friday, 09 July 2021 17:19:28 (GMT+3)   |   Istanbul

Despite the increases announced by a few mills over the past week, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained stable in the range of TRY 3,820-4,415/mt, while the dollar-based quotations have moved from $440-508/mt to $441-509/mt. The increase observed in dollar quotations is the result of the Turkish lira gaining strength against the US dollar. The stable trend of the general range is similar to the sideways movement observed in the deep sea scrap segment.

 

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 01.07.2021

 01.07.2021

Çolakoğlu

 

 

 .

. 

DKP

4,280

494

0

1

Ekstra

3,925

453

0

1

Kroman

 

 

 

 

DKP

4,000

461

0

1

Ekstra

3,900

450

0

1

İsdemir

 

 

 

 

DKP

4,355

502

0

1

Ekstra

4,350

502

0

1

Asil Çelik

 

 

 

 

DKP

4,305

497

0

1

Ekstra

3,900

450

0

1

IDÇ

 

 

 

 

DKP

3,870

446

0

1

Ekstra

3,850

444

0

1

Erdemir

 

 

 

 

DKP

4,415

509

0

1

Ekstra

4,410

509

0

1

Koç Metalürji

 

 

 

 

DKP

4,250

490

0

1

Ekstra

3,600

415

0

1

Diler Dış Tic.

 

 

 

 

DKP

3,970

458

0

1

Ekstra

3,900

450

0

1

Sıddık

 

 

 

 

DKP

3,970

458

0

1

Ekstra

3,900

450

0

1

Ege Çelik

 

 

 

 

DKP

4,160

480

50

7

Ekstra

3,850

444

50

7

Mescier

 

 

 

 

DKP

3,820

441

0

1

Ekstra

3,800

438

0

1

Cansan

 

 

 

 

DKP

4,200

484

50

7

Bonus

4,050

467

50

7

Kardemir

 

 

 

 

DKP

4,380

505

0

1

Ekstra

4,095

472

0

1

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 8.67

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