Most Turkish mills raise domestic scrap purchase quotations

Monday, 08 June 2020 15:50:02 (GMT+3)   |   Istanbul

SteelOrbis has learned that most Turkish mills have raised their domestic scrap purchase quotations at the weekend or today, June 8. The revision equals to TRY 5-60/mt or $1-9/mt and comes after the previous increases recorded last week. The uptrend of the local Turkish scrap market is due to the ongoing lack of supply and also due to the influence of the upward movement on the import scrap side.

Meanwhile, the dollar-based quotations of the mills that kept their prices stable have moved sideways as the Turkish lira-US dollar exchange rate is stable at TRY 6.77 to the dollar.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

05.06.2020 

05.06.2020 

Çolakoğlu

 

 

 

 

DKP

1,880

278

0

0

Ekstra

1,755

259

0

0

Kroman

 

 

 

 

DKP

1,710

253

+5

+1

Ekstra

1,700

251

+30

+4

İsdemir

 

 

 

 

DKP

1,810

267

+60

+9

Ekstra

1,805

267

+60

+9

Asil Çelik

 

 

 

 

DKP

1,850

273

0

0

Ekstra

1,725

255

0

0

IDÇ

 

 

 

 

DKP

1,630

241

0

0

Ekstra

1,610

238

0

0

Erdemir

 

 

 

 

DKP

1,920

284

+30

+4

Ekstra

1,915

283

+30

+4

Koç Metalürji

 

 

 

 

DKP

1,720

254

+50

+7

Ekstra

1,500

222

+50

+7

Diler Dış Tic.

 

 

 

 

DKP

1,840

272

0

0

Ekstra

1,730

256

0

0

Baştuğ

 

 

 

 

Ekstra

1,630

241

0

0

Sıddık

 

 

 

 

DKP

1,790

264

0

0

Ekstra

1,730

256

0

0

Ege Çelik

 

 

 

 

DKP

1,790

264

+40

+6

Ekstra

1,625

240

+40

+6

Mescier

 

 

 

 

DKP

1,700

251

+30

+4

Ekstra

1,680

248

+30

+4

Cansan

 

 

 

 

Ekstra

1,340

198

0

0

Kardemir

 

 

 

 

DKP

2,025

299

+50

+7

Ekstra

1,865

275

+50

+7

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

$1 = TRY 6.77

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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