Most Turkish mills keep local scrap purchase prices stable, some hike prices

Friday, 17 April 2020 16:57:42 (GMT+3)   |   Istanbul

As compared to SteelOrbis’ report published on Wednesday, April 15, most Turkish mills have kept their domestic scrap purchase prices stable, leading to a $1-2/mt fall in their dollar-based prices due to the depreciation of the Turkish lira against the US dollar.  In the meantime, some Turkish producers have increased their scrap purchase prices by TRY 70-140/mt or $8-19/mt in the same period.

According to market sources, domestic scrap flow is still at low levels except in the Izmir region where mills can compensate for the lack of supply with ship scrap purchases.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

15.04.2020 

15.04.2020 

Çolakoğlu

 

 

 

 

DKP

1,780

258

+70

+8

Ekstra

1,655

240

+70

+9

Kroman

 

 

 

 

DKP

1,670

242

+70

+8

Ekstra

1,580

229

+70

+9

İsdemir

 

 

 

 

DKP

1,600

232

0

-2

Ekstra

1,595

231

0

-2

Asil Çelik

 

 

 

 

DKP

1,780

258

+140

+19

Ekstra

1,655

240

+140

+19

Erdemir

 

 

 

 

DKP

1,650

239

0

-2

Ekstra

1,645

238

0

-2

Koç Metalürji

 

 

 

 

DKP

1,570

228

0

-1

Ekstra

1,350

196

0

-1

Diler Dış Tic.

 

 

 

 

DKP

1,760

255

+70

+8

Ekstra

1,650

239

+70

+8

Baştuğ

 

 

 

 

Ekstra

1,300

188

0

-2

Sıddık

 

 

 

 

DKP

1,710

248

+70

+9

Ekstra

1,650

239

+70

+8

Ege Çelik

 

 

 

 

DKP

1,700

246

0

-2

Ekstra

1,600

232

0

-2

Mescier

 

 

 

 

DKP

1,670

242

0

-2

Ekstra

1,650

239

0

-2

Cansan

 

 

 

 

Ekstra

1,330

193

0

-1

Kardemir

 

 

 

 

DKP

1,875

272

+70

+8

Ekstra

1,715

249

+70

+9

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

$1 = TRY 6.90

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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