Only Kardemir revises local Turkish scrap purchase price since Friday

Monday, 29 June 2020 16:12:53 (GMT+3)   |   Istanbul

Domestic scrap purchase prices in Turkey have remained mostly stable since Friday, June 26, except for local mill Kardemir’s quotations due to the company’s decision to cut its prices by TRY 30/mt or $4/mt on Saturday. As a result, the benchmark DKP grade scrap quotations in Turkey are now standing in the range of TRY 1,640-2,015/mt which equals $239-294/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

26.06.2020 

26.06.2020 

Kardemir

 

 

 

 

DKP

2,015

294

-30

-4

Ekstra

1,855

271

-30

-4

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

$1 = TRY 6.85

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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