Some increases in local Turkish scrap market

Tuesday, 31 January 2023 17:14:31 (GMT+3)   |   Istanbul

Several Turkish mills have increased their local scrap procurement prices, with others keeping their prices stable. The increase announced by mills is by TRY 130-300/mt or $7-19/mt, with the market generally understood to be signaling an upward movement.

Despite the changes, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained stable at TRY 6,700- 8,300/mt ($356-441/mt).

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 27.01.2023

27.01.2023 

Çolakoğlu

 

 

 

 

DKP

7,930

422

200

11

Extra

7,405

394

200

11

Kroman

 

 

 

 

DKP

7,830

416

200

11

Extra

7,405

394

200

11

İsdemir

 

 

 

 

DKP

7,580

403

0

0

Extra

7,575

403

0

0

Asil Çelik

 

 

 

 

DKP

7,980

424

200

11

Extra

7,400

394

200

11

İDÇ

 

 

 

 

DKP

7,350

391

0

0

Extra

7,330

390

0

0

Erdemir

 

 

 

 

DKP

7,830

416

0

0

Extra

7,825

416

0

0

Diler Dış Tic.

 

 

 

 

DKP

7,750

412

200

11

Extra

7,400

394

200

11

Baştuğ

 

 

 

 

DKP

7,600

404

0

0

Extra

5,200

277

0

0

Sıddık

 

 

 

 

DKP

7,550

402

350

19

Extra

7,200

383

300

16

Ege Çelik

 

 

 

 

DKP

7,950

423

130

7

Extra

7,550

402

130

7

Mescier

 

 

 

 

DKP

6,700

356

0

0

Extra

6,500

346

0

0

Cansan

 

 

 

 

DKP

7,550

402

0

0

Extra

6,400

340

0

0

Kardemir

 

 

 

 

DKP

8,300

441

0

0

Extra

8,065

429

0

0

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 18.81

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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