Some Turkish mills cut domestic scrap quotations after long break

Friday, 10 December 2021 17:25:36 (GMT+3)   |   Istanbul

Since SteelOrbis’ report published on December 7, just a few Turkish mills have decided to cut their domestic scrap procurement prices by TRY 50-250/mt or $8-22/mt. Two others have increased their prices in this period by TRY 80-400/mt or $1-25/mt, while others have mainly kept their prices stable on Turkish lira basis, resulting in a $4-5/mt decrease in their prices on dollar basis.

As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained stable at TRY 5,700-7,050/mt, while on US dollar basis prices have been revised from $414-512/mt to $410-507/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

7.12.2021 

7.12.2021 

Çolakoğlu

 

 

 

 

DKP

6,705

482

0

-5

Ekstra

6,280

451

0

-5

Kroman

 

 

 

 

DKP

6,550

471

-50

-8

Ekstra

6,230

448

-50

-8

İsdemir

 

 

 

 

DKP

5,900

424

0

-4

Ekstra

5,895

424

0

-4

Asil Çelik

 

 

 

 

DKP

6,730

484

0

-5

Ekstra

6,250

449

0

-5

İDÇ

 

 

 

 

DKP

5,700

410

0

-4

Ekstra

5,680

408

0

-4

Erdemir

 

 

 

 

DKP

6,835

491

0

-5

Ekstra

6,830

491

0

-5

Diler Dış Tic.

 

 

 

 

DKP

6,380

459

0

-5

Ekstra

6,280

451

0

-5

Baştuğ

 

 

 

 

DKP

6,000

431

0

-4

Ekstra

5,600

403

0

-4

Sıddık

 

 

 

 

DKP

6,380

459

0

-5

Ekstra

6,280

451

0

-5

Ege Çelik

 

 

 

 

DKP

6,550

471

80

1

Ekstra

6,130

441

80

1

Mescier

 

 

 

 

DKP

6,150

442

400

25

Ekstra

6,000

431

400

25

Cansan

 

 

 

 

DKP

6,300

453

-150

-15

Ekstra

5,600

403

-250

-22

Kardemir

 

 

 

 

DKP

7,050

507

0

-5

Ekstra

6,815

490

0

-5

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 13.91

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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