One Turkish mill increases its local scrap procurement price

Friday, 25 March 2022 14:59:16 (GMT+3)   |   Istanbul

Today, March 25, Turkish mills have mostly kept their local scrap procurement prices stable, with just one mill announcing a TRY 300/mt or $21/mt increase in its price. The stable prices in the local currency of most Turkish mills have been matched by a $1/mt increase in their dollar-based prices.

Accordingly, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved sideways at TRY 7,575-9,705/mt, while prices on US dollar basis have been revised from $510-653/mt to $511-654/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 24.03.2022

24.03.2022 

Çolakoğlu

 

 

 

 

DKP

9,705

654

0

1

Ekstra

9,180

619

0

1

Kroman

 

 

 

 

DKP

8,450

570

0

1

Ekstra

8,160

550

0

1

İsdemir

 

 

 

 

DKP

9,000

607

0

1

Ekstra

8,995

607

0

1

Asil Çelik

 

 

 

 

DKP

7,575

511

0

1

Ekstra

6,850

462

0

1

İDÇ

 

 

 

 

DKP

9,150

617

0

1

Ekstra

9,130

616

0

1

Erdemir

 

 

 

 

DKP

9,705

654

0

1

Ekstra

9,700

654

0

1

Diler Dış Tic.

 

 

 

 

DKP

8,900

600

0

1

Ekstra

8,730

589

0

1

Baştuğ

 

 

 

 

DKP

8,200

553

300

21

Ekstra

7,200

486

300

21

Sıddık

 

 

 

 

DKP

8,770

591

0

1

Ekstra

8,600

580

0

1

Ege Çelik

 

 

 

 

DKP

9,690

653

0

1

Ekstra

9,340

630

0

1

Mescier

 

 

 

 

DKP

8,900

600

0

1

Ekstra

8,700

587

0

1

Cansan

 

 

 

 

DKP

8,800

593

0

1

Ekstra

7,600

512

0

1

Kardemir

 

 

 

 

DKP

9,650

651

0

1

Ekstra

9,515

642

0

1

All above prices are for deliveries to customer and exclude VAT. Exchange rate fluctuations are taken into consideration when calculating the dollar-based price changes.

$1 = TRY 14.83

AyçaÖzbay
Ayça Özbay
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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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