Long-standing stability of local Turkish scrap prices comes to an end

Tuesday, 14 July 2020 14:10:11 (GMT+3)   |   Istanbul

SteelOrbis has observed that three Turkish mills have raised their domestic scrap purchase prices today, July 14, just after the disclosure of higher-priced deep sea scrap bookings to the market. The increases in domestic scrap purchase prices are in the range of TRY 20-90/mt or $3-13/mt, depending on the grade. Accordingly, benchmark DKP grade scrap prices in Turkey are currently at TRY 1,660-2,015/mt, with dollar-based prices standing at $242-293/mt. Market sources state that other mills may decide to follow suit in the coming days and also raise their scrap purchase prices.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

07.07.2020 

 07.07.2020

Çolakoğlu

 

 

 

 

DKP

1.870

272

0

0

Ekstra

1.745

254

0

0

Kroman

 

 

 

 

DKP

1.695

247

0

0

Ekstra

1.685

245

0

0

İsdemir

 

 

 

 

DKP

1.735

253

0

0

Ekstra

1.730

252

0

0

Asil Çelik

 

 

 

 

DKP

1.835

267

0

0

Ekstra

1.650

240

0

0

IDÇ

 

 

 

 

DKP

1.660

242

0

0

Ekstra

1.640

239

0

0

Erdemir

 

 

 

 

DKP

1.890

275

0

0

Ekstra

1.885

274

0

0

Koç Metalürji

 

 

 

 

DKP

1.700

247

+60

+8

Ekstra

1.450

211

+30

+4

Diler Dış Tic.

 

 

 

 

DKP

1.800

262

0

0

Ekstra

1.720

250

0

0

Baştuğ

 

 

 

 

Ekstra

1.570

229

0

0

Sıddık

 

 

 

 

DKP

1.740

253

0

0

Ekstra

1.690

246

0

0

Ege Çelik

 

 

 

 

DKP

1.770

258

0

0

Ekstra

1.630

237

+20

+3

Mescier

 

 

 

 

DKP

1.710

249

0

0

Ekstra

1.690

246

0

0

Cansan

 

 

 

 

Ekstra

1.430

208

+90

+13

Kardemir

 

 

 

 

DKP

2.015

293

0

0

Ekstra

1.855

270

0

0

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

$1 = TRY 6.87

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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