Prices revised upwards in local Turkish scrap market

Friday, 25 December 2020 15:10:57 (GMT+3)   |   Istanbul

Having been increased throughout of the current week, another price rise in the local Turkish scrap market has been observed today, December 25. Some producers have increased their prices within the range of TRY 50-150/mt or $5-18/mt, depending on the buyer and the grade. The other mills’ dollar based quotations have decreased by $2/mt in this period as the lira has lost some strength against the US dollar. Currently, the general range in the local Turkish scrap market for the benchmark DKP grade scrap is in the range of TRY 3,320-3,825/mt, while the dollar-based quotations have changed from the range of $430-507/mt to $438-505/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 24.12.2020

24.12.2020 

Çolakoğlu

 

 

 

 

DKP

3,715

490

0

-2

Ekstra

3,540

467

0

-2

Kroman

 

 

 

 

DKP

3,600

475

0

-2

Ekstra

3,510

463

0

-2

İsdemir

 

 

 

 

DKP

3,655

482

50

5

Ekstra

3,650

482

50

5

Asil Çelik

 

 

 

 

DKP

3,740

493

0

-2

Ekstra

3,565

470

0

-2

IDÇ

 

 

 

 

DKP

3,320

438

60

6

Ekstra

3,300

435

60

6

Erdemir

 

 

 

 

DKP

3,775

498

100

11

Ekstra

3,770

497

100

11

Koç Metalürji

 

 

 

 

DKP

3,400

449

150

18

Ekstra

3,100

409

150

18

Diler Dış Tic,

 

 

 

 

DKP

3,660

483

0

-2

Ekstra

3,540

467

0

-2

Baştuğ

 

 

 

 

Ekstra

3,300

435

0

-2

Sıddık

 

 

 

 

DKP

3,640

480

0

-2

Ekstra

3,520

464

0

-2

Ege Çelik

 

 

 

 

DKP

3,430

453

90

10

Ekstra

3,300

435

90

10

Mescier

 

 

 

 

DKP

3,510

463

50

5

Ekstra

3,490

460

50

5

Cansan

 

 

 

 

Ekstra

3,100

409

0

-2

Kardemir

 

 

 

 

DKP

3,825

505

0

-2

Ekstra

3,665

484

0

-2

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

$1 = TRY 7.58

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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