A few Turkish steel producers have revised their domestic scrap purchase prices upwards, aiming to secure some stocks. As a result, their price levels have increased by TRY 40-60/mt or $5-8/mt over the past week depending on the mill and the scrap grade. However, most producers in Turkey have preferred to keep their purchase prices unchanged for now on Turkish lira basis, leading to a decline of $2-3/mt in their prices on US dollar basis in the same period. Market sources assume that the mills are waiting to see a clearer picture in the import scrap segment and so are not in a rush to make changes in their local scrap procurement prices for now.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
22.11.2019 |
22.11.2019 |
|||
Çolakoğlu |
||||
P&S |
1,640 |
285 |
0 |
-3 |
HMS I |
1,505 |
262 |
0 |
-2 |
HMS I/II (70:30) |
1,455 |
253 |
0 |
-2 |
HMS I/II (50:50) |
1,405 |
244 |
0 |
-2 |
Turnings |
1,205 |
210 |
0 |
-2 |
Kroman |
|
|
|
|
P&S |
1,550 |
270 |
0 |
-2 |
HMS I |
1,470 |
256 |
0 |
-2 |
HMS I/II (70:30) |
1,455 |
253 |
0 |
-2 |
HMS I/II (50:50) |
1,350 |
235 |
0 |
-2 |
HMS II |
1,130 |
197 |
0 |
-2 |
Turnings |
1,110 |
193 |
0 |
-2 |
İsdemir |
|
|
|
|
P&S |
1,540 |
268 |
0 |
-2 |
HMS I |
1,535 |
267 |
0 |
-2 |
Bonus |
1,450 |
252 |
0 |
-2 |
HMS I/II (70:30) |
1,135 |
197 |
0 |
-2 |
Asil Çelik |
|
|
|
|
P&S |
1,610 |
280 |
0 |
-2 |
HMS I |
1,475 |
257 |
0 |
-2 |
HMS I/II (70:30) |
1,370 |
238 |
0 |
-2 |
IDÇ |
|
|
|
|
P&S |
1,455 |
253 |
0 |
-2 |
HMS I |
1,435 |
250 |
0 |
-2 |
Erdemir |
|
|
|
|
P&S |
1,660 |
289 |
+60 |
+8 |
HMS I |
1,655 |
288 |
+60 |
+8 |
HMS I/II (70:30) |
1,450 |
252 |
+60 |
+8 |
HMS I/II (50:50) |
900 |
157 |
0 |
-1 |
HMS II |
600 |
104 |
0 |
-1 |
Koc Metalurji |
|
|
|
|
P&S |
1,490 |
259 |
0 |
-2 |
Bonus |
1,460 |
254 |
0 |
-2 |
HMS I |
1,270 |
221 |
0 |
-2 |
Diler Dış Tic. |
|
|
|
|
P&S |
1,615 |
281 |
0 |
-2 |
HMS I |
1,505 |
262 |
0 |
-2 |
HMS I/II (70:30) |
1,415 |
246 |
0 |
-2 |
HMS I/II (50:50) |
1,265 |
220 |
0 |
-2 |
HMS II |
885 |
154 |
0 |
-1 |
Baştuğ |
|
|
|
|
HMS I |
1,300 |
226 |
0 |
-2 |
HMS I/II (70:30) |
1,170 |
203 |
0 |
-2 |
HMS I/II (50:50) |
1,100 |
191 |
0 |
-2 |
Sıddık |
|
|
|
|
P&S |
1,550 |
270 |
0 |
-2 |
HMS I |
1,480 |
257 |
0 |
-2 |
HMS I/II (70:30) |
1,410 |
245 |
0 |
-2 |
HMS I/II (50:50) |
1,280 |
223 |
0 |
-2 |
HMS II |
1,030 |
179 |
0 |
-2 |
Ege Çelik |
|
|
|
|
P&S |
1,560 |
271 |
0 |
-2 |
Bonus |
1,510 |
263 |
0 |
-2 |
HMS I |
1,460 |
254 |
0 |
-2 |
Mescier |
|
|
|
|
P&S |
1,490 |
259 |
+40 |
+5 |
HMS I |
1,470 |
256 |
+40 |
+5 |
HMS I/II (70:30) |
1,420 |
247 |
+40 |
+5 |
HMS I/II (50:50) |
1,360 |
237 |
+40 |
+5 |
HMS II |
950 |
165 |
+40 |
+6 |
Cansan |
|
|
|
|
P&S |
1,420 |
247 |
0 |
-2 |
HMS I |
1,230 |
214 |
0 |
-2 |
HMS I/II (70:30) |
1,230 |
214 |
0 |
-2 |
Kardemir |
||||
P&S |
1,785 |
310 |
0 |
-3 |
HMS I |
1,595 |
277 |
0 |
-2 |
HMS I/II (70:30) |
1,525 |
265 |
0 |
-2 |
HMS I/II (50:50) |
1,415 |
246 |
0 |
-2 |
All above prices are for deliveries to customer and exclude VAT.
1$ = TRY 5.75