Some Turkish mills announce significant rises in domestic scrap purchase prices

Wednesday, 08 April 2020 18:11:06 (GMT+3)   |   Istanbul
       

It is observed that today, April 8, some Turkish mills have decided to raise their domestic scrap purchase prices significantly by TRY 20-200/mt, depending on the grade. This reflected as a $2-27/mt rise in the mills’ dollar-based quotations. A market source said that domestic scrap flow is feeling the impact of the slowdown observed in main manufacturing sectors such as automotive, which also provides steel scrap. Also, the lack of import scrap cargoes is causing Turkish mills to increase domestic scrap purchase quotations.

Other mills have kept their prices stable as compared to SteelOrbis’ report published on April 6. For mills that decided to keep their Turkish lira-based prices stable, their dollar-based quotations for some grades have moved sideways, while their prices for other grades have decreased by $1/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

06.04.2020

06.04.2020

Çolakoğlu

 

 

 

 

DKP

1,590

235

+75

+11

Ekstra

1,465

216

+75

+11

Kroman

 

 

 

 

DKP

1,500

221

+50

+7

Ekstra

1,420

209

+20

+2

İsdemir

 

 

 

 

DKP

1,450

214

0

0

Ekstra

1,445

213

0

0

Asil Çelik

 

 

 

 

DKP

1,570

232

+85

+13

Ekstra

1,445

213

+85

+12

Erdemir

 

 

 

 

DKP

1,550

229

0

0

Ekstra

1,545

228

0

0

Diler Dış Tic.

 

 

 

 

DKP

1,570

232

+90

+13

Ekstra

1,460

215

+90

+13

Baştuğ

 

 

 

 

Ekstra

1,220

180

0

0

Sıddık

 

 

 

 

DKP

1,520

224

+170

+25

Ekstra

1,460

215

+160

+23

Ege Çelik

 

 

 

 

DKP

1,600

236

+140

+21

Ekstra

1,475

218

+125

+18

Mescier

 

 

 

 

DKP

1,500

221

0

-1

Ekstra

1,480

218

0

-1

Cansan

 

 

 

 

Ekstra

1,200

177

0

0

Kardemir

 

 

 

 

DKP

1,685

249

0

0

Ekstra

1,525

225

0

0

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

$1 = TRY 6.78


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