Local Turkish scrap market moves up

Wednesday, 17 June 2020 17:04:10 (GMT+3)   |   Istanbul

Today, June 17, the domestic scrap purchase prices of some mills in Turkey have moved up by TRY 20-40/mt, which equals a rise of $3-6/mt in prices on US dollar basis. As a result, the benchmark DKP grade quotations in the local Turkish scrap market have increased to TRY 1,675-2,075/mt or $245-303/mt, with the upper end of the price range stable. Prices of other mills have remained stable on Turkish lira basis, resulting in a $1/mt fall in their dollar-based quotations.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

12.06.2020 

12.06.2020 

Çolakoğlu

 

 

 

 

DKP

1,960

286

+40

+5

Ekstra

1,835

268

+40

+5

Kroman

 

 

 

 

DKP

1,810

264

+40

+5

Ekstra

1,800

263

+40

+5

İsdemir

 

 

 

 

DKP

1,835

268

0

-1

Ekstra

1,830

267

0

-1

Asil Çelik

 

 

 

 

DKP

1,930

282

+40

+5

Ekstra

1,805

264

+40

+5

IDÇ

 

 

 

 

DKP

1,675

245

+20

+2

Ekstra

1,655

242

+20

+2

Erdemir

 

 

 

 

DKP

1,960

286

0

-1

Ekstra

1,955

285

0

-1

Koç Metalürji

 

 

 

 

DKP

1,720

251

0

-1

Ekstra

1,500

219

0

-1

Diler Dış Tic.

 

 

 

 

DKP

1,880

274

0

-1

Ekstra

1,770

258

0

-1

Baştuğ

 

 

 

 

Ekstra

1,630

238

0

-1

Sıddık

 

 

 

 

DKP

1,830

267

0

-1

Ekstra

1,770

258

0

-1

Ege Çelik

 

 

 

 

DKP

1,845

269

0

-1

Ekstra

1,685

246

0

-1

Mescier

 

 

 

 

DKP

1,740

254

0

-1

Ekstra

1,720

251

0

-1

Cansan

 

 

 

 

Ekstra

1,340

196

0

-1

Kardemir

 

 

 

 

DKP

2,075

303

0

-1

Ekstra

1,915

280

0

-1

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

$1 = TRY 6.85

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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