More Turkish mills follow recent drop in local scrap purchase prices

Friday, 20 September 2019 17:37:30 (GMT+3)   |   Istanbul
       

Some more Turkish mills have followed the decrease in local scrap purchase prices after the main producers had already reduced their purchase prices. They have reduced their prices by TRY 30-60/mt, translating into a $5-11/mt decline on US dollar basis. Some market players believe that the local scrap purchase prices have fallen far enough. However, if import prices continue to decline, some further revisions locally are also possible.

According to market sources, the local scrap purchase prices of Turkish mills as of September 20, 2019, stand at the following levels:

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

19.09.2019

19.09.2019

Çolakoğlu

 

 

 

 

P&S

1,485

261

0

0

HMS I

1,335

234

0

0

HMS I/II (70:30)

1,285

225

0

0

HMS I/II (50:50)

1,235

217

0

0

Turnings

1,035

182

0

0

Kroman

 

 

 

 

P&S

1,275

224

-40

-7

HMS I

1,255

220

-40

-7

HMS I/II (70:30)

1,215

213

-40

-7

HMS I/II (50:50)

1,065

187

-40

-7

HMS II

825

145

-40

-7

Turnings

825

145

-40

-7

İsdemir

 

 

 

 

P&S

1,425

250

-30

-5

HMS I

1,390

244

-30

-5

Bonus

1,295

227

-30

-5

HMS I/II (70:30)

1,175

206

-30

-5

Asil Çelik

 

 

 

 

P&S

1,450

254

0

0

HMS I

1,295

227

0

0

HMS I/II (70:30)

1,195

210

0

0

IDÇ

 

0

0

0

P&S

1,340

235

0

0

HMS I

1,320

232

0

0

Erdemir

 

 

 

 

P&S

1,485

261

-60

-11

HMS I

1,480

260

-60

-11

HMS I/II (70:30)

1,335

234

-60

-11

HMS I/II (50:50)

900

158

0

0

HMS II

600

105

0

0

Koç Metalürji

 

 

 

 

P&S

1,320

232

0

0

Bonus

1,290

226

0

0

HMS I

1,050

184

0

0

Diler Dış Tic.

 

 

 

 

P&S

1,435

252

0

0

HMS I

1,285

225

0

0

HMS I/II (70:30)

1,185

208

0

0

HMS I/II (50:50)

1,085

190

0

0

HMS II

735

129

0

0

Baştuğ

 

 

 

 

HMS I

1,100

193

0

0

HMS I/II (70:30)

970

170

0

0

HMS I/II (50:50)

920

161

0

0

Sıddık

 

 

 

 

P&S

1,300

228

0

0

HMS I

1,285

225

0

0

HMS I/II (70:30)

1,200

211

0

0

HMS I/II (50:50)

1,100

193

0

0

HMS II

800

140

0

0

Ege Çelik

 

 

 

 

P&S

1,460

256

0

0

Bonus

1,380

242

0

0

HMS I

1,330

233

0

0

Mescier

 

 

 

 

P&S

1,290

226

-30

-5

HMS I

1,270

223

-30

-5

HMS I/II (70:30)

1,220

214

-30

-5

HMS I/II (50:50)

1,160

204

-30

-5

HMS II

750

132

-30

-5

Cansan

 

 

 

 

P&S

1,280

225

-30

-5

HMS I

1,080

189

0

0

HMS I/II (70:30)

1,080

189

0

0

Kardemir

       

P&S

1,595

280

-55

-10

HMS I

1,405

246

-55

-10

HMS I/II (70:30)

1,335

234

-55

-10

HMS I/II (50:50)

1,225

215

-55

-10

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

$1 = TRY 5.70


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