Local Turkish scrap prices mainly decrease in local currency

Thursday, 11 March 2021 14:16:21 (GMT+3)   |   Istanbul

Some Turkish mills have decreased their local scrap purchase prices by TRY 25-300/mt ($3-34/mt) today, March 11. Meanwhile, some Turkish mills have kept their prices stable in the local currency, with their dollar-based quotations rising by $2-9/mt today amid currency fluctuations.

Accordingly, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has settled TRY 3,050-3,720/mt, while the dollar-based quotations have changed from the range of $418-490/mt to $409-499/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

10.03.2021

10.03.2021 

Çolakoğlu

 

 

 

 

DKP

3,545

475

0

+8

Ekstra

3,330

446

0

+7

Kroman

 

 

 

 

DKP

3,330

446

-25

+5

Ekstra

3,290

441

-25

+4

İsdemir

 

 

 

 

DKP

3.465

464

-100

-6

Ekstra

3.460

464

-100

-5

Asil Çelik

 

 

 

 

DKP

3,510

471

-35

+4

Ekstra

3,200

429

-80

-3

IDÇ

 

 

 

 

DKP

3,220

424

0

4

Ekstra

3,200

422

0

4

Erdemir

 

 

 

 

DKP

3,605

475

0

4

Ekstra

3,600

474

0

4

Koç Metalürji

 

 

 

 

DKP

3,050

409

-250

-26

Ekstra

2,650

355

-300

-34

Diler Dış Tic,

 

 

 

 

DKP

3,420

432

0

+8

Ekstra

3,320

429

0

+7

Baştuğ

 

 

 

 

Ekstra

2,700

362

0

+6

Sıddık

 

 

 

 

DKP

3,280

440

-120

-8

Ekstra

3,200

429

-120

-8

Ege Çelik

 

 

 

 

DKP

3,300

442

-70

-2

Ekstra

3,150

422

-70

-2

Mescier

 

 

 

 

DKP

3,170

425

0

+7

Ekstra

3,150

422

0

+7

Cansan

 

 

 

 

Ekstra

2,850

382

0

+7

Kardemir

 

 

 

 

DKP

3,720

499

0

+9

Ekstra

3,535

474

0

+8

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 7.46

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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