Some key Turkish mills reduce domestic scrap purchase prices

Monday, 20 January 2020 13:37:04 (GMT+3)   |   Istanbul
       

The Turkish domestic scrap market has started the current week with new price revisions. Some key market players, including Colakoglu Metalurji, have reduced their prices amid generally weak sentiment. The TRY 10-30/mt decline in domestic scrap purchase prices have resulted in a $3-7/mt slide in prices on US dollar basis. Moreover, the expectations for import scrap prices remain negative, and so some further weakening in prices in the local market is possible, SteelOrbis understands.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

17.01.2020

17.01.2020

Çolakoğlu

       

P&S

1,850

314

-30

-7

HMS I

1,720

292

-30

-7

HMS I/II (70:30)

1,655

281

-30

-7

HMS I/II (50:50)

1,605

272

-30

-7

Turnings

1,405

239

-30

-6

Kroman

       

P&S

1,585

269

0

-1

HMS I

1,560

265

0

-1

HMS I/II (70:30)

1,510

256

0

-1

HMS I/II (50:50)

1,460

248

0

-1

HMS II

1,135

193

0

-1

Turnings

1,135

193

0

-1

İsdemir

       

P&S

1,710

290

0

-1

HMS I

1,705

289

0

-1

Bonus

1,560

265

0

-1

HMS I/II (70:30)

1,395

237

0

-1

Asil Çelik

       

P&S

1,820

309

-10

-3

HMS I

1,650

280

-10

-3

HMS I/II (70:30)

1,490

253

-10

-3

IDÇ

       

P&S

1,600

272

0

-1

HMS I

1,580

268

0

-1

Erdemir

       

P&S

1,860

316

0

-2

HMS I

1,855

315

0

-2

HMS I/II (70:30)

1,650

280

0

-1

HMS I/II (50:50)

900

153

0

-1

HMS II

600

102

0

-1

Koc Metalurji

       

P&S

1,600

272

0

-1

Bonus

1,570

267

0

-1

HMS I

1,360

231

0

-1

Diler Dış Tic.

       

P&S

1,780

302

0

-2

HMS I

1,680

285

0

-1

HMS I/II (70:30)

1,580

268

0

-1

HMS I/II (50:50)

1,530

260

0

-1

HMS II

1,180

200

0

-1

Baştuğ

       

HMS I

1,380

234

-20

-5

HMS I/II (70:30)

1,260

214

-20

-5

HMS I/II (50:50)

1,150

195

-20

-4

Sıddık

       

P&S

1,670

284

0

-1

HMS I

1,650

280

0

-1

HMS I/II (70:30)

1,550

263

0

-1

HMS I/II (50:50)

1,500

255

0

-1

HMS II

1,200

204

0

-1

Ege Çelik

       

P&S

1,695

288

0

-1

Bonus

1,655

281

0

-1

HMS I

1,605

272

0

-1

Mescier

       

P&S

1,670

284

0

-1

HMS I

1,650

280

0

-1

HMS I/II (70:30)

1,580

268

0

-1

HMS I/II (50:50)

1,500

255

0

-1

Cansan

       

P&S

1,560

265

0

-1

HMS I

1,350

229

0

-1

HMS I/II (70:30)

1,350

229

0

-1

Kardemir

       

P&S

1,995

339

0

-2

HMS I

1,805

306

0

-2

HMS I/II (70:30)

1,735

295

0

-2

HMS I/II (50:50)

1,625

276

0

-1


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

$1 = TRY 5.89


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