New adjustments in local Turkish scrap market

Friday, 14 February 2020 17:20:03 (GMT+3)   |   Istanbul
       

Some of the main steel producers in Turkey have increased their domestic scrap purchase prices today, February 14, by TRY 20-50/mt or $2-6/mt depending on the buyer and the raw material grade. Sources report that some of the main Turkish steel producers’ local scrap purchase prices may be revised in line with the import scrap segment by the beginning of next week.

In summary, local producer Bastug decreased purchase prices for all scrap grades by TRY 30/mt on February 8 and has kept its local scrap prices stable since then. Kroman decreased purchase prices for all scrap grades (except P&S and HMS I) by TRY 30/mt on February 8, while its purchase prices of these grades (except P&S and HMS I) have increased by TRY 50/mt since then. The purchase prices of Izmir Demir Celik (IDC) for P&S and HMS I grades were set at TRY 1,620/mt and TRY 1,520/mt on the afternoon of February 13, with the P&S grade decreasing by TRY 90/mt and the HMS I grade decreasing by TRY 10/mt today. Ege Celik increased prices of all raw material grades (P&S, Bonus and HMS I) by TRY 15/mt on February 11 and by another TRY 30/mt on the afternoon of February 13 and has kept its prices stable today. Asil Celik has increased its P&S grade purchase price by TRY 20/mt over the week.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

13.02.2020

13.02.2020

Çolakoğlu

       

P&S

1,715

283

0

-3

HMS I

1,600

264

0

-3

HMS I/II (70:30)

1,510

250

0

-3

HMS I/II (50:50)

1,460

241

0

-3

Turnings

1,260

208

0

-2

Kroman

 

 

 

 

P&S

1,495

247

0

-3

HMS I

1,470

243

0

-3

HMS I/II (70:30)

1,410

233

+50

+6

HMS I/II (50:50)

1,360

225

+50

+6

HMS II

1,035

171

+50

+6

Turnings

1,035

171

+50

+6

İsdemir

 

 

 

 

P&S

1,600

264

0

-3

HMS I

1,595

264

0

-3

Bonus

1,450

240

0

-3

HMS I/II (70:30)

1,285

212

0

-2

Asil Çelik

 

 

 

 

P&S

1,715

283

+20

0

HMS I

1,540

255

0

-3

HMS I/II (70:30)

1,380

228

0

-3

IDÇ

     

 

P&S

1,530

253

+35

+3

HMS I

1,510

250

+35

+3

Erdemir

 

 

 

 

P&S

1,760

291

0

-3

HMS I

1,755

290

0

-3

HMS I/II (70:30)

1,550

256

0

-3

HMS I/II (50:50)

900

149

0

-2

HMS II

600

99

0

-1

Koc Metalurji

 

 

 

 

P&S

1,460

241

0

-3

Bonus

1,430

236

0

-3

HMS I

1,220

202

0

-2

Diler Dış Tic.

 

 

 

 

P&S

1,680

278

0

-3

HMS I

1,580

261

0

-3

HMS I/II (70:30)

1,410

233

0

-3

HMS I/II (50:50)

1,360

225

0

-3

HMS II

1,000

165

0

-2

Baştuğ

 

 

 

 

HMS I

1,270

210

0

-2

HMS I/II (70:30)

1,150

190

0

-2

HMS I/II (50:50)

1,040

172

0

-2

Sıddık

 

 

 

 

P&S

1,520

251

0

-3

HMS I

1,500

248

0

-3

HMS I/II (70:30)

1,390

230

0

-3

HMS I/II (50:50)

1,340

221

0

-3

HMS II

1,020

169

0

-2

Ege Çelik

 

 

 

 

P&S

1,625

269

+30

+2

Bonus

1,585

262

+30

+2

HMS I

1,535

254

+30

+2

Mescier

 

 

 

 

P&S

1,560

258

0

-3

HMS I

1,540

255

0

-3

HMS I/II (70:30)

1,470

243

0

-3

HMS I/II (50:50)

1,390

230

0

-3

Cansan

 

 

 

 

P&S

1,440

238

0

-3

HMS I

1,230

203

0

-2

HMS I/II (70:30)

1,230

203

0

-2

Kardemir

       

P&S

1,855

307

0

-4

HMS I

1,665

275

0

-4

HMS I/II (70:30)

1,595

264

0

-3

HMS I/II (50:50)

1,485

245

0

-3

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

$1 = TRY 6.05


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