Most Turkish mills revise domestic scrap prices down

Tuesday, 24 March 2020 17:53:31 (GMT+3)   |   Istanbul

Today, March 24, SteelOrbis has observed that most Turkish mills have revised their domestic scrap purchase prices downwards by TRY 45-90/mt, depending on the grade. This has mostly been reflected as a $4-12/mt decrease in their dollar-based prices. Two mills are still out of the market, while Ege Celik has announced that it is planning maintenance works which will start in the current week.

In the meantime, the mills that have kept their Turkish lira prices stable have raised their scrap purchase prices on US dollar basis by $2-3/mt due to the slight appreciation of the Turkish lira against the US dollar.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

23.03.2020

23.03.2020

Çolakoğlu

 

 

 

 

DKP

1,615

247

-50

-5

Ekstra

1,490

228

-50

-5

Kroman

 

 

 

 

DKP

1,475

226

-45

-4

Ekstra

1,425

218

-45

-5

İsdemir

 

 

 

 

DKP

1,600

245

0

+3

Ekstra

1,595

244

0

+3

Asil Çelik

 

 

 

 

DKP

1,575

241

-60

-7

Ekstra

1,420

217

-60

-7

Erdemir

 

 

 

 

DKP

1,710

262

0

+3

Ekstra

1,705

261

0

+3

Diler Dış Tic,

 

 

 

 

DKP

1,550

237

-50

-5

Ekstra

1,440

221

-50

-5

Baştuğ

 

 

 

 

Ekstra

1,300

199

0

+2

Sıddık

 

 

 

 

DKP

1,440

221

-50

-5

Ekstra

1,390

213

-50

-5

Ege Çelik

 

 

 

 

DKP

1,460

224

0

+2

Ekstra

1,320

202

0

+2

Mescier

 

 

 

 

DKP

1,470

225

-60

-7

Ekstra

1,450

222

-60

-7

Cansan

 

 

 

 

Ekstra

1,150

176

-90

-12

Kardemir

 

 

 

 

DKP

1,805

276

-60

-6

Ekstra

1,645

252

-60

-6

 

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

$1 = TRY 6.53

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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