Some Turkish mills reduce domestic scrap purchase quotations

Thursday, 30 April 2020 17:47:01 (GMT+3)   |   Istanbul

SteelOrbis has observed that some Turkish mills have reduced their domestic scrap purchase quotations as compared to yesterday, April 29. The steelmakers in question have cut their prices by TRY 25-80/mt or $4-12/mt, while other mills’ prices have remained stable both on Turkish lira basis and on dollar basis.

Market sources state that this decision was made to slow down domestic scrap flow and also due to the lower import scrap prices recorded in the latest transactions in Turkey.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 

 

Çolakoğlu

 

 

 

 

DKP

1.850

265

0

0

Ekstra

1.725

247

0

0

Kroman

 

 

 

 

DKP

1.715

245

-25

-4

Ekstra

1.655

237

-25

-4

İsdemir

 

 

 

 

DKP

1.720

246

0

0

Ekstra

1.715

245

0

0

Asil Çelik

 

 

 

 

DKP

1.860

266

0

0

Ekstra

1.735

248

0

0

IDÇ

 

 

 

 

DKP

1.510

216

-30

-5

Ekstra

1.490

213

-30

-5

Erdemir

 

 

 

 

DKP

1.820

260

0

0

Ekstra

1.815

260

0

0

Koç Metalürji

 

 

 

 

DKP

1.620

232

0

0

Ekstra

1.400

200

0

0

Diler Dış Tic.

 

 

 

 

DKP

1.830

262

0

0

Ekstra

1.720

246

0

0

Baştuğ

 

 

 

 

Ekstra

1.400

200

0

0

Sıddık

 

 

 

 

DKP

1.730

247

-50

-8

Ekstra

1.650

236

-50

-8

Ege Çelik

 

 

 

 

DKP

1.620

232

-80

-12

Ekstra

1.520

217

-80

-12

Mescier

 

 

 

 

DKP

1.670

239

0

0

Ekstra

1.650

236

0

0

Cansan

 

 

 

 

Ekstra

1.400

200

0

0

Kardemir

 

 

 

 

DKP

2.055

294

0

0

Ekstra

1.895

271

0

0

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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