Local Turkish scrap prices move up further

Tuesday, 08 December 2020 16:32:33 (GMT+3)   |   Istanbul

Some Turkish mills - mostly the ones which decided to sit out the rises recorded yesterday, December 7 - have raised their domestic scrap purchase prices today by the range of TRY 100-190/mt or $13-24/mt. The dollar-based quotations of the other mills that have kept their prices in the local currency stable today have also remained unchanged. As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has increased from the levels of TRY 2,555-2,985/mt ($326-381/mt) recorded yesterday to TRY 2,555-3,105/mt ($326-396/mt), with the upper end that remained stable yesterday being revised upwards today.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 07.12.2020

07.12.2020 

Çolakoğlu

 

 

 

 

DKP

2,915

372

0

0

Ekstra

2,740

349

0

0

Kroman

 

 

 

 

DKP

2,770

353

0

0

Ekstra

2,710

346

0

0

İsdemir

 

 

 

 

DKP

2,555

326

0

0

Ekstra

2,550

325

0

0

Asil Çelik

 

 

 

 

DKP

2,915

372

0

0

Ekstra

2,725

348

0

0

IDÇ

 

 

 

 

DKP

2,610

333

0

0

Ekstra

2,590

330

0

0

Erdemir

 

 

 

 

DKP

2,975

379

+130

+17

Ekstra

2,970

379

+130

+17

Koç Metalürji

 

 

 

 

DKP

2,900

370

0

0

Ekstra

2,560

327

0

0

Diler Dış Tic,

 

 

 

 

DKP

2,840

362

0

0

Ekstra

2,740

349

0

0

Baştuğ

 

 

 

 

Ekstra

2,600

332

+100

+13

Sıddık

 

 

 

 

DKP

2,820

360

0

0

Ekstra

2,720

347

0

0

Ege Çelik

 

 

 

 

DKP

2,770

353

0

0

Ekstra

2,660

339

0

0

Mescier

 

 

 

 

DKP

2,760

352

+190

+24

Ekstra

2,740

349

+190

+24

Cansan

 

 

 

 

Ekstra

2,520

321

0

0

Kardemir

 

 

 

 

DKP

3,105

396

+120

+15

Ekstra

2,945

376

+120

+15

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

$1 = TRY 7.84

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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