No stop observed in the downtrend of domestic Turkish scrap prices

Friday, 26 June 2020 16:11:38 (GMT+3)   |   Istanbul

There is no stop observed in the downtrend of the domestic Turkish scrap purchase prices today, June 26. This is the fifth day in the market that prices have recorded a decline, while every Turkish mill has cut its domestic scrap purchase quotations one way or the other, depending on the grade. Today, half of the mills which are followed daily by SteelOrbis have reduced their prices by TRY 15-50/mt or $3-8/mt, while others have kept their prices stable on lira basis, resulting in a sideways to $1/mt fall in their dollar-based quotations.

Following the revisions in question, benchmark DKP grade scrap prices in Turkey are currently in the range of TRY 1,640-2,045/mt and the dollar equations are standing at $239-298/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

25.06.2020 

 25.06.2020

Çolakoğlu

 

 

 

 

DKP

1,885

275

-30

-5

Ekstra

1,760

257

-30

-4

Kroman

 

 

 

 

DKP

1,695

247

0

0

Ekstra

1,685

246

0

0

İsdemir

 

 

 

 

DKP

1,735

253

-30

-5

Ekstra

1,730

252

-30

-5

Asil Çelik

 

 

 

 

DKP

1,835

267

0

-1

Ekstra

1,650

241

0

0

IDÇ

 

 

 

 

DKP

1,660

242

-15

-3

Ekstra

1,640

239

-15

-3

Erdemir

 

 

 

 

DKP

1,920

280

-30

-5

Ekstra

1,915

279

-30

-5

Koç Metalürji

 

 

 

 

DKP

1.640 239 -50 -8

Ekstra

1.420 207 -50 -8

Diler Dış Tic.

 

 

 

 

DKP

1,800

262

0

-1

Ekstra

1,720

251

0

0

Baştuğ

 

 

 

 

Ekstra

1,570

229

-30

-5

Sıddık

 

 

 

 

DKP

1,740

254

0

0

Ekstra

1,690

246

0

-1

Ege Çelik

 

 

 

 

DKP

1,770

258

0

0

Ekstra

1,610

235

0

0

Mescier

 

 

 

 

DKP

1,710

249

-30

-5

Ekstra

1,690

246

-30

-5

Cansan

 

 

 

 

Ekstra

1,340

195

0

-1

Kardemir

 

 

 

 

DKP

2,045

298

0

-1

Ekstra

1,885

275

0

0

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

$1 = TRY 6.86

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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