Mills in Turkey’s Izmir region raise domestic scrap purchase prices

Wednesday, 14 October 2020 15:55:44 (GMT+3)   |   Istanbul
       

Steelmakers in Turkey’s Izmir region have decided to increase their domestic scrap purchase prices as of today, October 14. The price rises amounted to TRY 40-50/mt ($5-6/mt) for IDC and Ege Celik as compared to October 9, while Habas and Ozkan Demir Celik have also announced increases in their quotations. Market sources state that these decisions are the result of the fluctuations recorded in the Turkish lira-US dollar exchange rate.

Meanwhile, other Turkish mills have kept their prices stable as compared to SteelOrbis’ previous report published on October 9, while the dollar equivalents have also remained unchanged as the Turkish lira is again at 7.94 to the US dollar today.

The benchmark DKP grade scrap quotations in Turkey are now in the range of TRY 2,050-2,360/mt or $258-297/mt, indicating sideways movement.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

09.10.2020 

 09.10.2020

Çolakoğlu

 

 

 

 

DKP

2,310

291

0

0

Ekstra

2,115

266

0

0

Kroman

 

 

 

 

DKP

2,070

261

0

0

Ekstra

2,060

259

0

0

İsdemir

 

 

 

 

DKP

2,120

267

0

0

Ekstra

2,115

266

0

0

Asil Çelik

 

 

 

 

DKP

2,320

292

0

0

Ekstra

2,040

257

0

0

IDÇ

 

 

 

 

DKP

2,110

266

+40

+5

Ekstra

2,090

263

+40

+5

Erdemir

 

 

 

 

DKP

2,360

297

0

0

Ekstra

2,355

297

0

0

Koç Metalürji

 

 

 

 

DKP

2,050

258

0

0

Ekstra

1,800

227

0

0

Diler Dış Tic.

 

 

 

 

DKP

2,205

278

0

0

Ekstra

2,105

265

0

0

Baştuğ

 

 

 

 

Ekstra

1,770

223

0

0

Sıddık

 

 

 

 

DKP

2,185

275

0

0

Ekstra

2,105

265

0

0

Ege Çelik

 

 

 

 

DKP

2,180

275

+50

+6

Ekstra

2,080

262

+50

+6

Mescier

 

 

 

 

DKP

2,075

261

0

0

Ekstra

2,055

259

0

0

Cansan

 

 

 

 

Ekstra

1,800

227

0

0

Kardemir

 

 

 

 

DKP

2,345

295

0

0

Ekstra

2,185

275

0

0

 

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

$1 = TRY 7.94


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