Local Turkish scrap prices stable, but dollar-based prices down amid weaker lira

Friday, 09 October 2020 14:44:11 (GMT+3)   |   Istanbul

Turkish mills have kept their Turkish lira-based domestic scrap purchase prices stable since Tuesday, October 6. However, due to the significant depreciation of the Turkish lira against the major currencies throughout the current week, the dollar equivalents of prices have decreased by $5-6/mt. As a result, although benchmark DKP grade scrap quotations are still in the range of TRY 2,050-2,360/mt, they have moved down from the $263-301/mt range to $258-297/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 06.10.2020

06.10.2020 

Çolakoğlu

 

 

 

 

DKP

2,310

291

0

-6

Ekstra

2,115

266

0

-6

Kroman

 

 

 

 

DKP

2,070

261

0

-6

Ekstra

2,060

259

0

-6

İsdemir

 

 

 

 

DKP

2,120

267

0

-6

Ekstra

2,115

266

0

-6

Asil Çelik

 

 

 

 

DKP

2,320

292

0

-6

Ekstra

2,040

257

0

-6

IDÇ

 

 

 

 

DKP

2,070

261

0

-6

Ekstra

2,050

258

0

-6

Erdemir

 

 

 

 

DKP

2,360

297

0

-7

Ekstra

2,355

297

0

-6

Koç Metalürji

 

 

 

 

DKP

2,050

258

0

-6

Ekstra

1,800

227

0

-5

Diler Dış Tic.

 

 

 

 

DKP

2,205

278

0

-6

Ekstra

2,105

265

0

-6

Baştuğ

 

 

 

 

Ekstra

1,770

223

0

-5

Sıddık

 

 

 

 

DKP

2,185

275

0

-6

Ekstra

2,105

265

0

-6

Ege Çelik

 

 

 

 

DKP

2,130

268

0

-6

Ekstra

2,030

256

0

-6

Mescier

 

 

 

 

DKP

2,075

261

0

-6

Ekstra

2,055

259

0

-6

Cansan

 

 

 

 

Ekstra

1,800

227

0

-5

Kardemir

 

 

 

 

DKP

2,345

295

0

-6

Ekstra

2,185

275

0

-6

 

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

$1 = TRY 7.94

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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