Local Turkish scrap purchase prices decrease on lower end

Wednesday, 01 September 2021 15:36:22 (GMT+3)   |   Istanbul

Today, September 1, some Turkish mills have decreased their domestic scrap purchase prices by TRY 60-80/mt or $3-6/mt, depending on grades. Other steelmakers have kept their quotations stable, which has resulted in a $3-5/mt increase in their dollar-based prices as the Turkish lira has been appreciating against the US dollar.

As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has decreased from TRY 3,600-4,305/mt to TRY 3,530-4,305, while the dollar-based quotations moved from $431-515/mt to $426-520/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 26.08.2021

 26.08.2021

Çolakoğlu

 

 

 

 

DKP

4,280

517

0

5

Ekstra

3,925

474

0

5

Kroman

 

 

 

 

DKP

3,670

443

-80

-5

Ekstra

3,470

419

-80

-6

İsdemir

 

 

 

 

DKP

3,905

472

0

5

Ekstra

3,900

471

0

5

Asil Çelik

 

 

 

 

DKP

4,305

520

0

5

Ekstra

3,850

465

0

4

İDÇ

 

 

 

 

DKP

3,730

450

0

4

Ekstra

3,710

448

0

4

Erdemir

 

 

 

 

DKP

4,280

517

0

5

Ekstra

4,275

516

0

5

Koç Metalürji

 

 

 

 

DKP

3,850

465

0

4

Ekstra

2,800

338

0

3

Diler Dış Tic.

 

 

 

 

DKP

3,540

428

-60

-3

Ekstra

3,490

421

-60

-3

Baştuğ

 

 

 

 

 

2,900

350

0

3

Sıddık

 

 

 

 

DKP

3,530

426

-70

-4

Ekstra

3,480

420

-70

-4

Ege Çelik

 

 

 

 

DKP

4,100

495

0

5

Ekstra

3,750

453

0

4

Mescier

 

 

 

 

DKP

3,620

437

0

4

Ekstra

3,600

435

0

4

Cansan

 

 

 

 

DKP

3,750

453

0

4

Bonus

3,650

441

0

4

Kardemir

 

 

 

 

DKP

4,130

499

0

5

Ekstra

3,845

464

0

4

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 8.28

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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