Local Turkish scrap prices increase on upper end of range

Friday, 17 January 2025 17:06:04 (GMT+3)   |   Istanbul

Turkey’s domestic scrap prices on Turkish lira basis have increased on the upper end over the past week with the price adjustments announced by a few buyers. One producer has announced a price increase of TRY 300/mt, with a rise of $7/mt in its dollar price, week on week. Another producer has cut its price by TRY 205/mt with a $7/mt decline in its dollar price. The other mills’ stable prices on lira basis have been matched by declines of $1-2/mt week on week in their dollar prices.

After the price revisions, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved up on the upper end by TRY 50/mt to TRY 11,400-12,800/mt. The dollar-based prices have moved down from $322-360/mt to $320-360/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

10.01.2025 

 10.01.2025 

Çolakoğlu

 

 

 

 

DKP

12,705

357

0

-2

Extra

12,180

342

0

-1

Kroman

 

 

 

 

DKP

12,100

340

0

-1

Extra

11,650

328

0

-1

İsdemir

 

 

 

 

DKP

11,800

332

0

-1

Extra

11,750

330

0

-1

Asil Çelik

 

 

 

 

DKP

12,710

357

0

-2

Extra

12,190

343

0

-1

Erdemir

 

 

 

 

DKP

12,500

351

-205

-7

Extra

12,495

351

-205

-7

Diler Dış Tic.

 

 

 

 

DKP

11,600

326

0

-1

Extra

11,500

323

0

-1

Sıddık

 

 

 

 

DKP

11,600

326

0

-1

Extra

11,500

323

0

-1

Ege Çelik

 

 

 

 

DKP

12,750

358

0

-2

Extra

12,500

351

0

-1

Mescier

 

 

 

 

DKP

11,400

320

0

-1

Extra

11,200

315

0

-1

Cansan

 

 

 

 

DKP

11,800

332

0

-1

Extra

7,700

216

0

-1

Kardemir

 

 

 

 

DKP

12,800

360

300

7

Extra

12,565

353

300

7

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 35.57

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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