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


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