Domestic scrap purchase prices in Turkey have again moved up, following the news regarding the sizeable rise in the most recent deal from the US. Key local steel producers have increased their domestic levels by TRY 20-50/mt depending on the company and scrap grade, which has resulted in a $5-11/mt increase on US dollar basis. Sources expect the other steel producers to follow suit shortly, while the uptrend may be supported by a further strengthening of import scrap price levels, which could happen shortly.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
21.10.2019 |
21.10.2019 |
|||
Çolakoğlu |
|
|
|
|
P&S |
1,555 |
269 |
+50 |
+11 |
HMS I |
1,420 |
246 |
+50 |
+11 |
HMS I/II (70:30) |
1,370 |
237 |
+50 |
+11 |
HMS I/II (50:50) |
1,320 |
229 |
+50 |
+11 |
Turnings |
1,120 |
194 |
+50 |
+11 |
Kroman |
||||
P&S |
1,390 |
241 |
0 |
+2 |
HMS I |
1,310 |
227 |
0 |
+2 |
HMS I/II (70:30) |
1,290 |
224 |
0 |
+2 |
HMS I/II (50:50) |
1,180 |
205 |
0 |
+2 |
HMS II |
930 |
161 |
0 |
+2 |
Turnings |
910 |
158 |
0 |
+2 |
İsdemir |
||||
P&S |
1,490 |
258 |
0 |
+3 |
HMS I |
1,485 |
257 |
0 |
+3 |
Bonus |
1,400 |
243 |
0 |
+2 |
HMS I/II (70:30) |
1,135 |
197 |
0 |
+2 |
Asil Çelik |
||||
P&S |
1,535 |
266 |
+50 |
+11 |
HMS I |
1,395 |
242 |
+50 |
+11 |
HMS I/II (70:30) |
1,290 |
224 |
+50 |
+11 |
IDÇ |
||||
P&S |
1,385 |
240 |
0 |
+2 |
HMS I |
1,365 |
237 |
0 |
+2 |
Erdemir |
||||
P&S |
1,525 |
264 |
+45 |
+10 |
HMS I |
1,520 |
263 |
+45 |
+10 |
HMS I/II (70:30) |
1,350 |
234 |
+100 |
+20 |
HMS I/II (50:50) |
900 |
156 |
0 |
+2 |
HMS II |
600 |
104 |
0 |
+1 |
Koc Metalurji |
||||
P&S |
1,430 |
248 |
0 |
+3 |
Bonus |
1,400 |
243 |
0 |
+2 |
HMS I |
1,210 |
210 |
0 |
+2 |
Diler Dış Tic. |
||||
P&S |
1,530 |
265 |
+50 |
+11 |
HMS I |
1,420 |
246 |
+50 |
+11 |
HMS I/II (70:30) |
1,330 |
231 |
+50 |
+11 |
HMS I/II (50:50) |
1,180 |
205 |
+50 |
+11 |
HMS II |
800 |
139 |
+50 |
+10 |
Baştuğ |
||||
HMS I |
1,215 |
211 |
+35 |
+8 |
HMS I/II (70:30) |
1,085 |
188 |
+35 |
+8 |
HMS I/II (50:50) |
1,000 |
173 |
+20 |
+5 |
Sıddık |
||||
P&S |
1,500 |
260 |
+50 |
+11 |
HMS I |
1,400 |
243 |
+50 |
+11 |
HMS I/II (70:30) |
1,330 |
231 |
+50 |
+11 |
HMS I/II (50:50) |
1,200 |
208 |
+50 |
+11 |
HMS II |
950 |
165 |
+50 |
+10 |
Ege Çelik |
||||
P&S |
1,465 |
254 |
0 |
+3 |
Bonus |
1,400 |
243 |
0 |
+2 |
HMS I |
1,350 |
234 |
0 |
+2 |
Mescier |
||||
P&S |
1,340 |
232 |
0 |
+2 |
HMS I |
1,320 |
229 |
0 |
+2 |
HMS I/II (70:30) |
1,270 |
220 |
0 |
+2 |
HMS I/II (50:50) |
1,210 |
210 |
0 |
+2 |
HMS II |
800 |
139 |
0 |
+1 |
Cansan |
||||
P&S |
1,410 |
244 |
0 |
+3 |
HMS I |
1,220 |
211 |
0 |
+2 |
HMS I/II (70:30) |
1,220 |
211 |
0 |
+2 |
Kardemir |
||||
P&S |
1,785 |
309 |
+40 |
+10 |
HMS I |
1,595 |
276 |
+40 |
+10 |
HMS I/II (70:30) |
1,525 |
264 |
+40 |
+10 |
HMS I/II (50:50) |
1,415 |
245 |
+40 |
+9 |
All above prices are for deliveries to customer and exclude VAT.
$1 = TRY 5.77