Some Turkish mills increase domestic scrap prices

Wednesday, 22 April 2020 14:58:41 (GMT+3)   |   Istanbul

As compared to SteelOrbis’ report published on Monday, April 20, some Turkish producers have increased their prices by TRY 70-100/mt or $9-13/mt. In the meantime, most Turkish mills have kept their domestic scrap purchase prices stable, which has led to a $1/mt fall in their dollar-based prices due to the depreciation of the Turkish lira against the US dollar. 

It is also noteworthy that the rise observed in Kardemir’s prices was announced yesterday, April 21, while the steelmaker’s domestic scrap purchase quotations have remained stable since then.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

20.04.2020 

20.04.2020 

Çolakoğlu

 

 

 

 

DKP

1.850

265

+70

+9

Ekstra

1.725

247

+70

+9

Kroman

 

 

 

 

DKP

1.740

249

+70

+9

Ekstra

1.680

240

+100

+13

İsdemir

 

 

 

 

DKP

1.570

225

0

-1

Ekstra

1.565

224

0

-1

Asil Çelik

 

 

 

 

DKP

1.860

266

+80

+10

Ekstra

1.735

248

+80

+10

Erdemir

 

 

 

 

DKP

1.620

232

0

-1

Ekstra

1.615

231

0

-1

Koç Metalürji

 

 

 

 

DKP

1.570

225

0

-1

Ekstra

1.350

193

0

-1

Diler Dış Tic.

 

 

 

 

DKP

1.760

252

0

-1

Ekstra

1.650

236

0

-1

Baştuğ

 

 

 

 

Ekstra

1.300

186

0

-1

Sıddık

 

 

 

 

DKP

1.710

245

0

-1

Ekstra

1.650

236

0

-1

Ege Çelik

 

 

 

 

DKP

1.700

243

0

-1

Ekstra

1.600

229

0

-1

Mescier

 

 

 

 

DKP

1.670

239

0

-1

Ekstra

1.650

236

0

-1

Cansan

 

 

 

 

Ekstra

1.330

190

0

-1

Kardemir

 

 

 

 

DKP

1.975

283

+100

+12

Ekstra

1.815

260

+100

+12

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

$1 = TRY 6.99

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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