One Turkish mill raises domestic scrap purchase price, dollar-based prices fall

Tuesday, 28 July 2020 16:05:27 (GMT+3)   |   Istanbul

One Turkish mill has raised its domestic scrap purchase prices by TRY 40/mt ($2-3/mt), while other producers’ dollar-based prices have decreased by $3-4/mt after their decisions to keep their lira-based quotations stable, due to the depreciation of the Turkish lira against the US dollar. Although the benchmark DKP prices are still in the range of TRY 1,705-2,095/mt, they have declined to $246-302/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

27.07.2020 

 27.07.2020

Çolakoğlu

 

 

 

 

DKP

1,975

285

0

-4

Ekstra

1,830

264

0

-3

Kroman

 

 

 

 

DKP

1,850

267

0

-4

Ekstra

1,795

259

0

-3

İsdemir

 

 

 

 

DKP

1,885

272

0

-4

Ekstra

1,880

271

0

-4

Asil Çelik

 

 

 

 

DKP

1,940

280

0

-4

Ekstra

1,735

250

0

-3

IDÇ

 

 

 

 

DKP

1,705

246

0

-3

Ekstra

1,685

243

0

-3

Erdemir

 

 

 

 

DKP

2,025

292

0

-4

Ekstra

2,020

291

0

-4

Koç Metalürji

 

 

 

 

DKP

1,880

271

40

2

Ekstra

1,630

235

40

3

Diler Dış Tic.

 

 

 

 

DKP

1,920

277

0

-4

Ekstra

1,820

262

0

-3

Baştuğ

 

 

 

 

Ekstra

1,540

222

0

-3

Sıddık

 

 

 

 

DKP

1,820

262

0

-3

Ekstra

1,770

255

0

-3

Ege Çelik

 

 

 

 

DKP

1,840

265

0

-3

Ekstra

1,725

249

0

-3

Mescier

 

 

 

 

DKP

1,795

259

0

-3

Ekstra

1,775

256

0

-3

Cansan

 

 

 

 

Ekstra

1,610

232

0

-3

Kardemir

 

 

 

 

DKP

2,095

302

0

-4

Ekstra

1,935

279

0

-4

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

$1 = TRY 6.94

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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