Some Turkish mills increase domestic scrap purchase prices

Tuesday, 17 November 2020 16:39:38 (GMT+3)   |   Istanbul

While most Turkish mills have continued to keep their domestic scrap purchase prices stable today, November 17, some have increased their prices by TRY 5-300/mt. The price increase of TRY 5/mt has been accompanied by stability or a decrease of $1/mt in dollar-based quotations, while the larger increases in lira prices have resulted in rises of $5-38/mt in the dollar equivalents. By leaving their domestic scrap purchase prices stable in the local currency, other mills’ dollar-based prices have declined by $1/mt. All changes are shared as compared to SteelOrbis’ report published on November 15.

Accordingly, the benchmark DKP grade scrap quotations in Turkey are still in the range of TRY 2,240-2,570/mt or have decreased by $1/mt to $288-331/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 15.11.2020

15.11.2020 

Çolakoğlu

 

 

 

 

DKP

2,455

316

0

-1

Ekstra

2,280

293

0

-1

Kroman

 

 

 

 

DKP

2,250

290

0

-1

Ekstra

2,180

281

0

-1

İsdemir

 

 

 

 

DKP

2,405

310

0

-1

Ekstra

2,400

309

0

-1

Asil Çelik

 

 

 

 

DKP

2,455

316

0

-1

Ekstra

2,205

284

0

-1

IDÇ

 

 

 

 

DKP

2,250

290

0

-1

Ekstra

2,230

287

0

-1

Erdemir

 

 

 

 

DKP

2,505

322

0

-1

Ekstra

2,500

322

0

-1

Koç Metalürji

 

 

 

 

DKP

2,250

290

0

-1

Ekstra

2,000

257

0

-1

Diler Dış Tic.

 

 

 

 

DKP

2,330

300

0

-1

Ekstra

2,230

287

0

-1

Baştuğ

 

 

 

 

Ekstra

2,200

283

+300

+38

Sıddık

 

 

 

 

DKP

2,290

295

0

-1

Ekstra

2,210

284

0

-1

Ege Çelik

 

 

 

 

DKP

2,325

299

+5

-1

Ekstra

2,225

286

+5

0

Mescier

 

 

 

 

DKP

2,240

288

0

-1

Ekstra

2,220

286

0

-1

Cansan

 

 

 

 

Ekstra

2,000

257

+50

+5

Kardemir

 

 

 

 

DKP

2,570

331

0

-1

Ekstra

2,410

310

0

-1

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

$1 = TRY 7.77

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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