Local Turkish scrap market sees significant price declines

Friday, 17 July 2026 17:24:04 (GMT+3)   |   Istanbul

Over the past two weeks, Turkey’s local scrap market has continued its downward trend amid the ongoing declines observed in deep and short sea scrap prices. Turkish mills have dropped their domestic scrap prices by TRY 100-600/mt or $2-13/mt since SteelOrbis’ previous report published on July 3. This trend is expected to continue in the coming days as Turkish mills are trying to limit their costs given their lack of profitable steel sales.

The general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved down from TRY 15,400-18,300/mt to TRY 15,100-17,700/mt. Due to the fluctuations observed in the exchange rate, the dollar-based quotations have changed from $329-391/mt to $323-378/mt.

Producer/ product Price (TRY/mt) Price ($/mt) Price changes (TRY/mt) Price changes ($/mt)
03.07.2026  03.07.2026 
Çolakoğlu        
DKP 16,905 361 -100 -2
Extra 16,380 350 -100 -2
Kroman        
DKP 16,905 361 -100 -2
Extra 16,750 358 -100 -2
İsdemir        
DKP 16,850 360 -100 -2
Extra 16,800 359 -100 -2
Asil Çelik        
DKP 17,350 371 -150 -3
Extra 16,600 355 -150 -3
Erdemir        
DKP 17,000 363 -150 -3
Extra 16,950 362 -150 -3
Koç Metalürji        
DKP 16,800 359 -600 -13
Extra 12,200 261 -600 -13
Diler Dış Tic.        
DKP 16,450 351 -100 -2
Extra 16,350 349 -100 -2
Mescier        
DKP 15,100 323 -300 -6
Extra 14,900 318 -300 -6
Cansan        
DKP 15,500 331 -400 -9
Extra 10,500 224 -400 -9
Kardemir        
DKP 17,700 378 -600 -13
Extra 17,450 373 -600 -13

All above prices are for deliveries to customers and exclude VAT. Exchange rate fluctuations are taken into consideration when calculating the dollar-based price changes.

$1 = TRY 47.16

AyçaÖzbay
Ayça Özbay
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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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