Some Turkish mills cut domestic scrap purchase prices

Friday, 13 March 2020 17:20:26 (GMT+3)   |   Istanbul

Today, March 13, some Turkish mills have chosen to cut their prices on Turkish lira basis by TRY 30-40/mt, which has been reflected as a $8-9/mt decrease in their dollar-based quotations.

However, most Turkish mills have preferred to keep their prices stable, with a $2-3/mt decline seen in their quotations on US dollar basis due to the depreciation of the Turkish lira against the dollar.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

12.03.2020

12.03.2020

Çolakoğlu

 

 

 

 

DKP

1,785

283

-30

-8

Ekstra

1,660

263

-30

-8

Kroman

 

 

 

 

DKP

1,610

256

-40

-9

Ekstra

1,535

244

-40

-9

İsdemir

 

 

 

 

DKP

1,670 265 -30 -8

Ekstra

1,665 264 -30 -8

Asil Çelik

 

 

 

 

DKP

1,785

283

-30

-8

Ekstra

1,630

259

-30

-8

IDÇ

 

 

 

 

DKP

1,600

254

0

-3

Ekstra

1,580

251

0

-3

Erdemir

 

 

 

 

DKP

1,870

297

0

-3

Ekstra

1,865

296

0

-3

Koç Metalürji

 

 

 

 

DKP

1,610

256

0

-3

Ekstra

1,390

221

0

-2

Diler Dış Tic.

 

 

 

 

DKP

1,730

275

-30

-8

Ekstra

1,620

257

-30

-8

Baştuğ

 

 

 

 

Ekstra

1,420

225

0

-3

Sıddık

 

 

 

 

DKP

1,670

265

-30

-8

Ekstra

1,620

257

-30

-8

Ege Çelik

 

 

 

 

DKP

1,720

273

0

-3

Ekstra

1,575

250

0

-3

Mescier

 

 

 

 

DKP

1,560

248

0

-3

Ekstra

1,540

244

0

-3

Cansan

 

 

 

 

Ekstra

1,370

217

0

-2

Kardemir

 

 

 

 

DKP

1,925

306

0

-3

Ekstra

1,765

280

0

-3

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

$1 = TRY 6.30

 

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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