Most Turkish mills cut local scrap purchase prices further

Friday, 07 February 2020 15:59:23 (GMT+3)   |   Istanbul

Most of the main steel producers in Turkey have decreased their domestic scrap purchase prices today, February 7, by TRY 15-50/mt or $3-8/mt depending on the buyer and the raw material grade. Sources report that local Turkish scrap purchase prices may be revised again in line with the trend of the import scrap segment.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

06.02.2020

06.02.2020

Çolakoğlu

       

P&S

1,715

287

-20

-3

HMS I

1,600

268

-15

-3

HMS I/II (70:30)

1,510

253

-20

-3

HMS I/II (50:50)

1,460

244

-20

-3

Turnings

1,260

211

-20

-3

Kroman

 

 

 

 

P&S

1,495

250

0

0

HMS I

1,470

246

0

0

HMS I/II (70:30)

1,390

232

-30

-5

HMS I/II (50:50)

1,340

224

-30

-5

HMS II

1,015

170

-30

-5

Turnings

1,015

170

-30

-5

İsdemir

 

 

 

 

P&S

1,600

268

-50

-8

HMS I

1,595

267

-50

-8

Bonus

1,450

242

-50

-8

HMS I/II (70:30)

1,285

215

-50

-8

Asil Çelik

 

 

 

 

P&S

1,695

283

-20

-3

HMS I

1,540

258

-15

-3

HMS I/II (70:30)

1,380

231

-20

-3

IDÇ

 

 

 

 

P&S

1,495

250

-30

-5

HMS I

1,475

247

-30

-5

Erdemir

 

 

 

 

P&S

1,760

294

-50

-8

HMS I

1,755

293

-50

-8

HMS I/II (70:30)

1,550

259

-50

-8

HMS I/II (50:50)

900

151

0

0

HMS II

600

100

0

0

Koc Metalurji

 

 

 

 

P&S

1,460

244

-20

-3

Bonus

1,430

239

-20

-3

HMS I

1,220

204

-20

-3

Diler Dış Tic.

 

 

 

 

P&S

1,680

281

-20

-3

HMS I

1,580

264

-15

-3

HMS I/II (70:30)

1,410

236

-20

-3

HMS I/II (50:50)

1,360

227

-20

-3

HMS II

1,000

167

-20

-3

Baştuğ

 

 

 

 

HMS I

1,300

217

0

0

HMS I/II (70:30)

1,180

197

0

0

HMS I/II (50:50)

1,070

179

0

0

Sıddık

 

 

 

 

P&S

1,520

254

0

0

HMS I

1,500

251

0

0

HMS I/II (70:30)

1,390

232

0

0

HMS I/II (50:50)

1,340

224

0

0

HMS II

1,020

171

0

0

Ege Çelik

 

 

 

 

P&S

1,580

264

0

0

Bonus

1,540

258

0

0

HMS I

1,490

249

0

0

Mescier

 

 

 

 

P&S

1,560

261

0

0

HMS I

1,540

258

0

0

HMS I/II (70:30)

1,470

246

0

0

HMS I/II (50:50)

1,390

232

0

0

Cansan

 

 

 

 

P&S

1,440

241

-40

-7

HMS I

1,230

206

-40

-7

HMS I/II (70:30)

1,230

206

-40

-7

Kardemir

       

P&S

1,855

310

0

0

HMS I

1,665

278

0

0

HMS I/II (70:30)

1,595

267

0

0

HMS I/II (50:50)

1,485

248

0

0

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

$1 = TRY 5.98

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor
All Articles by the Author

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.

Marketplace Offers

Scrap

  Metal Scrap
Tedarikçi MCL DAVIS METAL RECYCLING LTD
View Offer

Scrap

  Plastic Scrap
Tedarikçi MCL DAVIS METAL RECYCLING LTD
View Offer

Scrap

  Paper Scrap
Tedarikçi MCL DAVIS METAL RECYCLING LTD
View Offer

Similar articles

Ex-Baltic scrap prices in Turkey soften amid lack of buyer interest

Some Turkish mills increase local scrap prices to offset weaker lira

Ex-US scrap deal in Turkey concluded at close to $410/mt CFR

Prices in local Turkish scrap market remains stable on lira basis

Turkey's import scrap prices rise further as market sentiment remains firm

Turkey's first ex-US scrap booking after a long absence confirms firm prices

Local Turkish scrap prices unchanged on lira basis

Negative sentiments persist in Turkey's import scrap market

Negative import scrap sentiment halts domestic price uptrend in Turkey

Turkey's import scrap market drops as anticipated, further decline possible