Local Turkish scrap purchase prices increase by up to $10/mt

Tuesday, 25 February 2020 16:40:24 (GMT+3)   |   Istanbul

Most of the key steel producers in Turkey have hiked their local scrap purchase prices due to the positive sentiment in the import scrap segment. As a result, the prices of the mills in question have mainly moved up by TRY 40-70/mt or $5-10/mt depending on the buyer and the raw material grade as compared to Friday, February 21. Only Ege Celik raised its price by just TRY 20/mt on February 24, which resulted in a $1-2/mt increase on dollar basis. Some have left their prices on Turkish lira basis unchanged, with their purchase prices on dollar basis declining by $1-2/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

21.02.2020

21.02.2020

Çolakoğlu

       

P&S

1,850

301

+45

+5

HMS I

1,735

282

+45

+6

HMS I/II (70:30)

1,645

267

+45

+6

HMS I/II (50:50)

1,595

259

+45

+6

Turnings

1,395

227

+45

+6

Kroman

 

 

 

 

P&S

1,745

284

+45

+6

HMS I

1,670

272

+45

+6

HMS I/II (70:30)

1,645

267

+45

+6

HMS I/II (50:50)

1,595

259

+45

+6

HMS II

1,395

227

+45

+6

Turnings

1,395

227

+45

+6

İsdemir

 

 

 

 

P&S

1,730

281

0

-2

HMS I

1,725

280

0

-2

Bonus

1,580

257

0

-2

HMS I/II (70:30)

1,415

230

0

-2

Asil Çelik

 

 

 

 

P&S

1,850

301

+45

+5

HMS I

1,700

276

+50

+6

HMS I/II (70:30)

1,530

249

+50

+7

IDÇ

 

 

 

 

P&S

1,600

260

+40

+5

HMS I

1,580

257

+40

+5

Erdemir

 

 

 

 

P&S

1,890

307

0

-2

HMS I

1,885

307

0

-2

HMS I/II (70:30)

1,680

273

0

-2

HMS I/II (50:50)

900

146

0

-1

HMS II

600

98

0

-1

Koc Metalurji

 

 

 

 

P&S

1,700

276

0

-2

Bonus

1,680

273

0

-2

HMS I

1,480

241

0

-2

Diler Dış Tic.

 

 

 

 

P&S

1,835

298

+45

+5

HMS I

1,735

282

+45

+6

HMS I/II (70:30)

1,595

259

+45

+6

HMS I/II (50:50)

1,545

251

+45

+6

HMS II

1,185

193

+45

+6

Baştuğ

 

 

 

 

HMS I

1,500

244

0

-2

HMS I/II (70:30)

1,350

220

0

-1

HMS I/II (50:50)

1,230

200

0

-1

Sıddık

 

 

 

 

P&S

1,800

293

+70

+10

HMS I

1,735

282

+45

+6

HMS I/II (70:30)

1,595

259

+45

+6

HMS I/II (50:50)

1,545

251

+45

+6

HMS II

1,185

193

+45

+6

Ege Çelik

 

 

 

 

P&S

1,680

273

+20

+1

Bonus

1,640

267

+20

+2

HMS I

1,590

259

+20

+2

Mescier

 

 

 

 

P&S

1,560

254

0

-2

HMS I

1,540

250

0

-2

HMS I/II (70:30)

1,470

239

0

-2

HMS I/II (50:50)

1,390

226

0

-1

Cansan

 

 

 

 

P&S

1,690

275

0

-2

HMS I

1,480

241

0

-2

HMS I/II (70:30)

1,480

241

0

-2

Kardemir

       

P&S

1,955

318

+60

+8

HMS I

1,765

287

+60

+8

HMS I/II (70:30)

1,695

276

+60

+8

HMS I/II (50:50)

1,585

258

+60

+8

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

$1 = TRY 6.15

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

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