Some local Turkish scrap prices reduced, but most stable

Monday, 06 September 2021 17:29:57 (GMT+3)   |   Istanbul

Today, September 6, some Turkish mills have decreased their domestic scrap purchase prices by TRY 30-160/mt or $2-18/mt, depending on grades. Other steelmakers have just kept their quotations stable, which resulted in a $1-2/mt increase in their dollar-based prices. The changes in dollar-based quotations resulted from the appreciation of the Turkish lira against the US dollar. According to market sources, scrap flow to mills is currently quiet strong.

As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained stable at TRY 3,520-4,265, while dollar-based quotations moved from $424-514/mt to $426-516/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 03.09.2021

 03.09.2021

Çolakoğlu

 

 

 

 

DKP

4,240

513

0

2

Ekstra

3,845

465

0

2

Kroman

 

 

 

 

DKP

3,540

428

-30

-2

Ekstra

3,330

403

-70

-7

İsdemir

 

 

 

 

DKP

3,905

472

0

2

Ekstra

3,900

472

0

2

Asil Çelik

 

 

 

 

DKP

4,265

516

0

2

Ekstra

3,770

456

0

2

İDÇ

 

 

 

 

DKP

3,645

441

0

2

Ekstra

3,625

438

0

2

Erdemir

 

 

 

 

DKP

4,240

513

0

2

Ekstra

4,235

512

0

2

Koç Metalürji

 

 

 

 

DKP

3,850

466

0

2

Ekstra

2,800

339

0

1

Diler Dış Tic.

 

 

 

 

DKP

3,540

428

0

2

Ekstra

3,490

422

0

2

Baştuğ

 

 

 

 

Ekstra

2,800

339

0

1

Sıddık

 

 

 

 

DKP

3,530

427

0

2

Ekstra

3,480

421

0

2

Ege Çelik

 

 

 

 

DKP

3,970

480

-130

-14

Ekstra

3,620

438

-130

-14

Mescier

 

 

 

 

DKP

3,520

426

0

2

Ekstra

3,500

423

0

2

Cansan

 

 

 

 

DKP

3,750

453

0

2

Bonus

3,650

441

0

2

Kardemir

 

 

 

 

DKP

4,130

499

0

2

Ekstra

3,845

465

0

2

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 8.30

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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