Local Turkish scrap prices increase by $8-21/mt

Friday, 27 November 2020 17:33:15 (GMT+3)   |   Istanbul

Today, November 27, most Turkish mills have decided to follow the trend of the deep sea scrap segment and have increased their domestic scrap quotations by TRY 50-150/mt or $8-21/mt, as compared to the levels recorded in SteelOrbis’ report published on November 24. While other mills’ prices have remained stable in this period, these mills’ dollar-based prices have increased by $1-2/mt due to the slight change in the exchange rate. As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has reached TRY 2,250-2,670/mt or $287-341/mt. On November 24, this price was in the range of TRY 2,250-2,595/mt or $286-330/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 24.11.2020

24.11.2020 

Çolakoğlu

 

 

 

 

DKP

2,645

338

100

14

Ekstra

2,470

315

100

14

Kroman

 

 

 

 

DKP

2,550

326

150

21

Ekstra

2,440

312

115

16

İsdemir

 

 

 

 

DKP

2,405

307

0

2

Ekstra

2,400

307

0

2

Asil Çelik

 

 

 

 

DKP

2,645

338

100

14

Ekstra

2,435

311

110

16

IDÇ

 

 

 

 

DKP

2,400

307

0

2

Ekstra

2,380

304

0

2

Erdemir

 

 

 

 

DKP

2,595

331

0

2

Ekstra

2,590

331

0

2

Koç Metalürji

 

 

 

 

DKP

2,250

287

0

1

Ekstra

2,000

255

0

1

Diler Dış Tic,

 

 

 

 

DKP

2,570

328

100

14

Ekstra

2,470

315

100

14

Baştuğ

 

 

 

 

Ekstra

2,150

275

50

8

Sıddık

 

 

 

 

DKP

2,550

326

100

14

Ekstra

2,450

313

100

14

Ege Çelik

 

 

 

 

DKP

2,570

328

100

14

Ekstra

2,460

314

90

13

Mescier

 

 

 

 

DKP

2,410

308

80

12

Ekstra

2,390

305

80

12

Cansan

 

 

 

 

Ekstra

2,100

268

50

8

Kardemir

 

 

 

 

DKP

2,670

341

100

14

Ekstra

2,510

321

100

14

All above prices are for deliveries to customer and exclude VAT. 

$1 = TRY 7.83

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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