Local Turkish scrap market remains mostly stable

Friday, 07 October 2022 15:30:42 (GMT+3)   |   Istanbul

Since SteelOrbis’ report published on September 30, most Turkish mills have kept their domestic scrap procurement prices stable. With the very slight depreciation of the Turkish lira against the major currencies, the stable trend was accompanied by a $1/mt decline in the dollar-based prices of some grades. Just a few mills increased their quotations by TRY 100-320/mt or $4-17/mt.

As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained at TRY 6,000-7,550/mt ($323-406/mt).

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

30.09.2022 

30.09.2022 

Çolakoğlu

 

 

 

 

DKP

7,080

381

0

-1

Ekstra

6,555

353

0

-1

Kroman

 

 

 

 

DKP

6,850

369

0

0

Ekstra

6,510

350

0

-1

İsdemir

 

 

 

 

DKP

6,800

366

0

-1

Ekstra

6,795

366

0

-1

Asil Çelik

 

 

 

 

DKP

7,130

384

0

-1

Ekstra

6,400

344

0

-1

İDÇ

 

 

 

 

DKP

6,000

323

0

-1

Ekstra

5,980

322

0

-1

Erdemir

 

 

 

 

DKP

7,080

381

0

-1

Ekstra

7,075

381

0

-1

Diler Dış Tic.

 

 

 

 

DKP

6,550

353

0

0

Ekstra

6,500

350

0

-1

Baştuğ

 

 

 

 

DKP

6,500

350

0

-1

Ekstra

4,800

258

0

-1

Sıddık

 

 

 

 

DKP

6,500

350

0

-1

Ekstra

6,450

347

0

-1

Ege Çelik

 

 

 

 

DKP

7,050

379

100

4

Ekstra

6,570

354

320

17

Mescier

 

 

 

 

DKP

6,250

336

200

10

Ekstra

6,050

326

200

10

Cansan

 

 

 

 

DKP

6,550

353

0

0

Ekstra

5,550

299

0

0

Kardemir

 

 

 

 

DKP

7,550

406

0

-1

Ekstra

7,315

394

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 18.58

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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