Today, March 5, some more Turkish mills have reduced their domestic scrap purchase prices by TRY 10-35/mt, while their prices on US dollar basis have declined by $2-6/mt. With this round of decreases following the downward revision reported by SteelOrbis yesterday, it is observed that most mills based in Turkey have decided to cut their scrap purchase prices. Meanwhile, it is worth mentioning that Kroman has reduced its domestic scrap purchase prices by another TRY 20/mt today, after the total TRY 25/mt cut it announced on March 3-4.
On the other hand, with the Turkish lira-US dollar exchange rate stabilizing for now, the US dollar based prices of the mills which decided to keep their quotations unchanged have moved sideways.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
04.03.2020 |
04.03.2020 |
|||
Çolakoğlu |
|
|
|
|
P&S |
1,830 |
301 |
-20 |
-3 |
HMS I |
1,715 |
282 |
-20 |
-3 |
HMS I/II (70:30) |
1,625 |
267 |
-20 |
-3 |
HMS I/II (50:50) |
1,575 |
259 |
-20 |
-3 |
Turnings |
1,375 |
226 |
-20 |
-3 |
Kroman |
|
|
|
|
P&S |
1,700 |
280 |
-20 |
-3 |
HMS I |
1,625 |
267 |
-20 |
-3 |
HMS I/II (70:30) |
1,600 |
263 |
-20 |
-3 |
HMS I/II (50:50) |
1,550 |
255 |
-20 |
-3 |
HMS II |
1,350 |
222 |
-20 |
-3 |
Turnings |
1,350 |
222 |
-20 |
-3 |
İsdemir |
|
|
|
|
P&S |
1,730 |
285 |
0 |
0 |
HMS I |
1,725 |
284 |
0 |
0 |
Bonus |
1,580 |
260 |
0 |
0 |
HMS I/II (70:30) |
1,415 |
233 |
0 |
0 |
Asil Çelik |
|
|
|
|
P&S |
1,830 |
301 |
-20 |
-3 |
HMS I |
1,685 |
277 |
-15 |
-2 |
HMS I/II (70:30) |
1,510 |
248 |
-20 |
-3 |
IDÇ |
|
|
|
|
P&S |
1,600 |
263 |
0 |
0 |
HMS I |
1,580 |
260 |
0 |
0 |
Erdemir |
|
|
|
|
P&S |
1,890 |
311 |
0 |
0 |
HMS I |
1,885 |
310 |
0 |
0 |
HMS I/II (70:30) |
1,680 |
276 |
0 |
0 |
HMS I/II (50:50) |
900 |
148 |
0 |
0 |
HMS II |
600 |
99 |
0 |
0 |
Koc Metalurji |
|
|
|
|
P&S |
1,640 |
270 |
0 |
0 |
Bonus |
1,620 |
266 |
0 |
0 |
HMS I |
1,420 |
234 |
0 |
0 |
Diler Dış Tic. |
|
|
|
|
P&S |
1,815 |
299 |
-20 |
-3 |
HMS I |
1,715 |
282 |
-20 |
-3 |
HMS I/II (70:30) |
1,565 |
257 |
-30 |
-5 |
HMS I/II (50:50) |
1,515 |
249 |
-30 |
-5 |
HMS II |
1,155 |
190 |
-30 |
-5 |
Baştuğ |
|
|
|
|
HMS I |
1,420 |
234 |
-30 |
-5 |
HMS I/II (70:30) |
1,270 |
209 |
-30 |
-5 |
HMS I/II (50:50) |
1,150 |
189 |
-30 |
-5 |
Sıddık |
|
|
|
|
P&S |
1,740 |
286 |
0 |
0 |
HMS I |
1,670 |
275 |
0 |
0 |
HMS I/II (70:30) |
1,530 |
252 |
0 |
0 |
HMS I/II (50:50) |
1,480 |
243 |
0 |
0 |
HMS II |
1,120 |
184 |
0 |
0 |
Ege Çelik |
|
|
|
|
P&S |
1,740 |
286 |
-10 |
-2 |
Bonus |
1,650 |
271 |
-35 |
-6 |
HMS I |
1,600 |
263 |
-35 |
-6 |
Mescier |
|
|
|
|
P&S |
1,560 |
257 |
0 |
0 |
HMS I |
1,540 |
253 |
0 |
0 |
HMS I/II (70:30) |
1,470 |
242 |
0 |
0 |
HMS I/II (50:50) |
1,390 |
229 |
0 |
0 |
Cansan |
|
|
|
|
P&S |
1,610 |
265 |
0 |
0 |
HMS I |
1,400 |
230 |
0 |
0 |
Turnings |
1,400 |
230 |
0 |
0 |
Kardemir |
|
|
|
|
P&S |
1,975 |
325 |
0 |
0 |
HMS I |
1,815 |
299 |
0 |
0 |
HMS I/II (70:30) |
1,745 |
287 |
0 |
0 |
HMS I/II (50:50) |
1,635 |
269 |
0 |
0 |
All above prices are for deliveries to customer and exclude VAT.
$1 = TRY 6.08
