Local Turkish scrap purchase prices follow diverse trends

Thursday, 12 March 2020 18:07:33 (GMT+3)   |   Istanbul

It is observed that the main steel producers in Turkey have followed diverse policies as regards their domestic scrap purchase prices. Most mills have preferred to keep their prices stable today, March 12, which has caused a $4-5/mt fall in dollar-based quotations due to the sharp depreciation of the Turkish lira against the US dollar.

On the other hand, some mills have reduced their domestic scrap purchase prices by TRY 20/mt, with their dollar-based quotations declining by $7-8/mt. Only one producer has decided to increase its prices by TRY 30/mt, while its price increased by $1/mt on US dollar basis.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

11.03.2020

11.03.2020

Çolakoğlu

 

 

 

 

DKP

1.815

291

0

-5

Ekstra

1.690

271

0

-4

Kroman

 

 

 

 

DKP

1.650

265

-20

-8

Ekstra

1.575

253

-20

-7

İsdemir

 

 

 

 

DKP

1.700

273

0

-4

Ekstra

1.695

272

0

-4

Asil Çelik

 

 

 

 

DKP

1.815

291

0

-5

Ekstra

1.660

266

0

-4

IDÇ

 

 

 

 

DKP

1.600

257

0

-4

Ekstra

1.580

254

0

-4

Erdemir

 

 

 

 

DKP

1.870

300

0

-5

Ekstra

1.865

299

0

-5

Koç Metalürji

 

 

 

 

DKP

1.610

258

0

-4

Ekstra

1.390

223

0

-4

Diler Dış Tic.

 

 

 

 

DKP

1.760

283

-20

-8

Ekstra

1.650

265

-20

-8

Baştuğ

 

 

 

 

Ekstra

1.420

228

0

-4

Sıddık

 

 

 

 

DKP

1.700

273

-20

-8

Ekstra

1.650

265

0

-4

Ege Çelik

 

 

 

 

DKP

1.720

276

+30

0

Ekstra

1.575

253

+30

+1

Mescier

 

 

 

 

DKP

1.560

250

0

-4

Ekstra

1.540

247

0

-4

Cansan

 

 

 

 

Ekstra

1.370

220

0

-4

Kardemir

 

 

 

 

DKP

1.925

309

0

-5

Ekstra

1.765

283

0

-5

 

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

$1 = TRY 6.23

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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