Some Turkish mills reduce domestic scrap purchase prices

Friday, 27 March 2020 17:37:48 (GMT+3)   |   Istanbul

Some Turkish mills have reduced their domestic scrap purchase prices today, March 27, with their quotations moving down by TRY 30-120/mt as compared to yesterday. At the same time, their dollar-based prices have declined by $3-17/mt depending on the grade.

For other mills that have kept their Turkish lira based prices stable today, their quotations on US dollar-basis have increased by $1/mt due to the appreciation of the Turkish lira against the dollar.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

25.03.2020

25.03.2020

Çolakoğlu

 

 

 

 

DKP

1.515

235

0

+1

Ekstra

1.390

216

0

+1

Kroman

 

 

 

 

DKP

1.450

225

0

+1

Ekstra

1.400

217

0

+1

İsdemir

 

 

 

 

DKP

1.450

225

-30

-3

Ekstra

1.445

224

-30

-3

Asil Çelik

 

 

 

 

DKP

1.485

230

0

+1

Ekstra

1.345

209

0

+1

Erdemir

 

 

 

 

DKP

1.550

240

-50

-6

Ekstra

1.545

240

-50

-6

Diler Dış Tic.

 

 

 

 

DKP

1.480

229

0

+1

Ekstra

1.370

212

0

+1

Baştuğ

 

 

 

 

Ekstra

1.300

202

0

+1

Sıddık

 

 

 

 

DKP

1.350

209

0

+1

Ekstra

1.300

202

0

+1

Mescier

 

 

 

 

DKP

1.350

209

-80

-11

Ekstra

1.330

206

-80

-11

Cansan

 

 

 

 

Ekstra

1.120

174

0

+1

Kardemir

 

 

 

 

DKP

1.685

261

-120

-17

Ekstra

1.525

236

-120

-17

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

$1 = TRY 6.45

AyçaÖzbay
Ayça Özbay
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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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