Most of the main steel producers in Turkey have followed diverse trend regarding their local scrap purchase prices today, March 2. While a few mills have increased their prices by TRY 20-55/mt depending on the buyer and the raw material grade, on US dollar basis dollar basis their prices have been revised by $-1/+5/mt. A few other Turkish mills have decreased their prices on Turkish lira basis by TRY 30-50/mt, which converts to a $11-12/mt decrease in dollar-based prices since last Friday, February 28. Most Turkish mills, however, have kept their prices stable in the local currency. Those mills that are expected to prefer to focus more on local scrap purchases in the coming period have increased their prices to attract supplies.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
25.02.2020 |
25.02.2020 |
|||
Çolakoğlu |
||||
P&S |
1,850 |
297 |
0 |
-4 |
HMS I |
1,735 |
278 |
0 |
-4 |
HMS I/II (70:30) |
1,645 |
264 |
0 |
-3 |
HMS I/II (50:50) |
1,595 |
256 |
0 |
-3 |
Turnings |
1,395 |
224 |
0 |
-3 |
Kroman |
|
|
|
|
P&S |
1,745 |
280 |
0 |
-4 |
HMS I |
1,670 |
268 |
0 |
-3 |
HMS I/II (70:30) |
1,645 |
264 |
0 |
-3 |
HMS I/II (50:50) |
1,595 |
256 |
0 |
-3 |
HMS II |
1,395 |
224 |
0 |
-3 |
Turnings |
1,395 |
224 |
0 |
-3 |
İsdemir |
|
|
|
|
P&S |
1,730 |
278 |
0 |
-4 |
HMS I |
1,725 |
277 |
0 |
-4 |
Bonus |
1,580 |
254 |
0 |
-3 |
HMS I/II (70:30) |
1,415 |
227 |
0 |
-3 |
Asil Çelik |
|
|
|
|
P&S |
1,850 |
297 |
0 |
-4 |
HMS I |
1,700 |
273 |
0 |
-4 |
HMS I/II (70:30) |
1,530 |
246 |
0 |
-3 |
IDÇ |
|
|
|
|
P&S |
1,600 |
257 |
0 |
-3 |
HMS I |
1,580 |
254 |
0 |
-3 |
Erdemir |
|
|
|
|
P&S |
1,890 |
303 |
0 |
-4 |
HMS I |
1,885 |
303 |
0 |
-4 |
HMS I/II (70:30) |
1,680 |
270 |
0 |
-4 |
HMS I/II (50:50) |
900 |
144 |
0 |
-2 |
HMS II |
600 |
96 |
0 |
-1 |
Koc Metalurji |
|
|
|
|
P&S |
1,670 |
268 |
-30 |
-8 |
Bonus |
1,650 |
265 |
-30 |
-8 |
HMS I |
1,450 |
233 |
-30 |
-8 |
Diler Dış Tic. |
|
|
|
|
P&S |
1,835 |
295 |
0 |
-4 |
HMS I |
1,735 |
278 |
0 |
-4 |
HMS I/II (70:30) |
1,595 |
256 |
0 |
-3 |
HMS I/II (50:50) |
1,545 |
248 |
0 |
-3 |
HMS II |
1,185 |
190 |
0 |
-2 |
Baştuğ |
|
|
|
|
HMS I |
1,450 |
233 |
-50 |
-11 |
HMS I/II (70:30) |
1,300 |
209 |
-50 |
-11 |
HMS I/II (50:50) |
1,180 |
189 |
-50 |
-11 |
Sıddık |
|
|
|
|
P&S |
1,800 |
289 |
0 |
-4 |
HMS I |
1,735 |
278 |
0 |
-4 |
HMS I/II (70:30) |
1,595 |
256 |
0 |
-3 |
HMS I/II (50:50) |
1,545 |
248 |
0 |
-3 |
HMS II |
1,185 |
190 |
0 |
-2 |
Ege Çelik |
|
|
|
|
P&S |
1,735 |
278 |
+55 |
+5 |
Bonus |
1,685 |
270 |
+45 |
+4 |
HMS I |
1,635 |
262 |
+45 |
+4 |
Mescier |
|
|
|
|
P&S |
1,560 |
250 |
0 |
-3 |
HMS I |
1,540 |
247 |
0 |
-3 |
HMS I/II (70:30) |
1,470 |
236 |
0 |
-3 |
HMS I/II (50:50) |
1,390 |
223 |
0 |
-3 |
Cansan |
|
|
|
|
P&S |
1,640 |
263 |
-50 |
-12 |
HMS I |
1,430 |
230 |
-50 |
-11 |
HMS I/II (70:30) |
1,430 |
230 |
-50 |
-11 |
Kardemir |
||||
P&S |
1,975 |
317 |
+20 |
-1 |
HMS I |
1,815 |
291 |
+50 |
+4 |
HMS I/II (70:30) |
1,745 |
280 |
+50 |
+4 |
HMS I/II (50:50) |
1,635 |
262 |
+50 |
+5 |
All above prices are for deliveries to customer and exclude VAT.
$1 = TRY 6.23
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