No change in local Turkish scrap market

Wednesday, 21 October 2020 14:11:58 (GMT+3)   |   Istanbul

During the past week, domestic scrap purchase prices of Turkish mills have remained unchanged. As a result the benchmark DKP grade scrap quotations are still in the range of TRY 2,050-2,360/mt, though the dollar equivalents of the prices have increased by $3-4/mt in this period to $261-301/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)

14.10.2020 

 14.10.2020

Çolakoğlu

 

 

 

 

DKP

2,310

295

0

+4

Ekstra

2,115

270

0

+3

Kroman

 

 

 

 

DKP

2,070

264

0

+3

Ekstra

2,060

263

0

+3

İsdemir

 

 

 

 

DKP

2,120

270

0

+3

Ekstra

2,115

270

0

+3

Asil Çelik

 

 

 

 

DKP

2,320

296

0

+4

Ekstra

2,040

260

0

+3

IDÇ

 

 

 

 

DKP

2,110

269

0

+3

Ekstra

2,090

267

0

+3

Erdemir

 

 

 

 

DKP

2,360

301

0

+4

Ekstra

2,355

300

0

+4

Koç Metalürji

 

 

 

 

DKP

2,050

261

0

+3

Ekstra

1,800

230

0

+3

Diler Dış Tic.

 

 

 

 

DKP

2,205

281

0

+4

Ekstra

2,105

268

0

+3

Baştuğ

 

 

 

 

Ekstra

1,770

226

0

+3

Sıddık

 

 

 

 

DKP

2,185

279

0

+4

Ekstra

2,105

268

0

+3

Ege Çelik

 

 

 

 

DKP

2,180

278

0

+4

Ekstra

2,080

265

0

+3

Mescier

 

 

 

 

DKP

2,075

265

0

+3

Ekstra

2,055

262

0

+3

Cansan

 

 

 

 

Ekstra

1,800

230

0

+3

Kardemir

 

 

 

 

DKP

2,345

299

0

+4

Ekstra

2,185

279

0

+4

 

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

$1 = TRY 7.84

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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