Local Turkish scrap price range narrows

Friday, 28 October 2022 11:43:43 (GMT+3)   |   Istanbul

Since SteelOrbis’ report published on October 14, most Turkish mills have reduced their domestic scrap procurement prices. The downward revision was in the range of TRY 100-300/mt or $1-17/mt. Only one increase, of TRY 400/mt or $21/mt, was made by a single producer in this period of time.  As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has changed from TRY 6,000-7,550/mt ($323-406/mt) to TRY 6,050-7,350/mt ($325-395/mt).

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

14.10.2022 

14.10.2022 

Çolakoğlu

 

 

 

 

DKP

6,980

375

-100

-6

Ekstra

6,455

347

-100

-6

Kroman

 

 

 

 

DKP

6,550

352

-300

-17

Ekstra

6,210

334

-300

-16

İsdemir

 

 

 

 

DKP

6,800

365

0

-1

Ekstra

6,795

365

0

-1

Asil Çelik

 

 

 

 

DKP

7,030

378

-100

-6

Ekstra

6,300

339

-100

-5

İDÇ

 

 

 

 

DKP

6,400

344

400

21

Ekstra

6,380

343

400

21

Erdemir

 

 

 

 

DKP

7,230

389

0

0

Ekstra

7,225

388

0

-1

Diler Dış Tic.

 

 

 

 

DKP

6,400

344

-150

-9

Ekstra

6,350

341

-150

-9

Baştuğ

 

 

 

 

DKP

6,500

349

0

-1

Ekstra

4,800

258

0

0

Sıddık

 

 

 

 

DKP

6,200

333

-300

-17

Ekstra

6,150

330

-300

-17

Ege Çelik

 

 

 

 

DKP

6,900

371

-150

-8

Ekstra

6,450

347

-120

-7

Mescier

 

 

 

 

DKP

6,050

325

-200

-11

Ekstra

5,850

314

-200

-12

Cansan

 

 

 

 

DKP

6,350

341

-200

-12

Ekstra

5,350

287

-200

-12

Kardemir

 

 

 

 

DKP

7,350

395

-200

-11

Ekstra

7,115

382

-200

-12

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 18.61

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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