Some Turkish mills raise their domestic scrap purchase prices

Thursday, 07 November 2019 14:29:15 (GMT+3) | Istanbul

Some Turkish mills have revised their domestic scrap purchase prices upwards amid the ongoing strengthening of import deal prices. Accordingly, their purchase prices have risen by TRY 20-70/mt depending on the company, resulting in $4-13/mt increases on US dollar basis. According to market sources, Turkish mills have been eager to buy domestic scrap this week in order to replenish their stocks. However, many steel producers have preferred to keep their domestic purchase prices stable for now, despite the increases in transaction prices for imported scrap.

Producer/ product	Price (TRY/mt)	Price ($/mt)	Price changes (TRY/mt)	Price changes ($/mt)
Producer/ product	Price (TRY/mt)	Price ($/mt)	28.10.2019	28.10.2019
Çolakoğlu
P&S	1,555	271	0	+1
HMS I	1,420	247	0	+1
HMS I/II (70:30)	1,370	239	0	+1
HMS I/II (50:50)	1,320	230	0	+1
Turnings	1,120	195	0	+1
Kroman
P&S	1,450	253	0	+1
HMS I	1,390	242	0	+1
HMS I/II (70:30)	1,380	240	0	+1
HMS I/II (50:50)	1,270	221	0	+1
HMS II	1,020	178	0	+1
Turnings	1,000	174	0	+1
İsdemir
P&S	1,540	268	0	+1
HMS I	1,535	267	0	+1
Bonus	1,450	253	0	+1
HMS I/II (70:30)	1,135	198	0	+1
Asil Çelik
P&S	1,535	267	0	+1
HMS I	1,395	243	0	+1
HMS I/II (70:30)	1,290	225	0	+1
IDÇ
P&S	1,455	253	+70	+13
HMS I	1,435	250	+70	+13
Erdemir
P&S	1,600	279	0	+1
HMS I	1,595	278	0	+1
HMS I/II (70:30)	1,390	242	0	+1
HMS I/II (50:50)	900	157	0	+1
HMS II	600	105	0	0
Koc Metalurji
P&S	1,490	260	+20	+4
Bonus	1,460	254	+20	+4
HMS I	1,270	221	+20	+4
Diler Dış Tic.
P&S	1,530	267	0	+1
HMS I	1,420	247	0	+1
HMS I/II (70:30)	1,330	232	0	+1
HMS I/II (50:50)	1,180	206	0	+1
HMS II	800	139	0	0
Baştuğ
HMS I	1,270	221	0	+1
HMS I/II (70:30)	1,140	199	0	+1
HMS I/II (50:50)	1,060	185	0	+1
Sıddık
P&S	1,500	261	0	+1
HMS I	1,400	244	0	+1
HMS I/II (70:30)	1,330	232	0	+1
HMS I/II (50:50)	1,200	209	0	+1
HMS II	950	166	0	+1
Ege Çelik
P&S	1,465	255	0	+1
Bonus	1,400	244	0	+1
HMS I	1,350	235	0	+1
Mescier
P&S	1,390	242	+50	+10
HMS I	1,370	239	+50	+10
HMS I/II (70:30)	1,320	230	+50	+9
HMS I/II (50:50)	1,260	220	+50	+9
HMS II	850	148	+50	+9
Cansan
P&S	1,440	251	0	+1
HMS I	1,250	218	0	+1
HMS I/II (70:30)	1,250	218	0	+1
Kardemir
P&S	1,785	311	0	+1
HMS I	1,595	278	0	+1
HMS I/II (70:30)	1,525	266	0	+1
HMS I/II (50:50)	1,415	247	0	+1

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

$1 = TRY 5.74

Some Turkish mills raise their domestic scrap purchase prices

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