Some Turkish mills reduce local scrap prices purchase prices

Friday, 16 April 2021 17:19:35 (GMT+3)   |   Istanbul

As of today, April 16, some Turkish mills have announced price decreases for domestic scrap in the range of TRY 40-120/mt or $4-14/mt, depending on the grade. Other mills have kept their prices stable on local currency, with their dollar-based prices moving sideways or rising by $1/mt.

Accordingly, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained at TRY 2,950-3,730/mt, while the dollar-based quotations have moved up slightly on the upper end from $365-461/mt to $365-462/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

15.04.2021 

 15.04.2021

Çolakoğlu

 

 

 

 

DKP

3,565

441

-40

-4

Ekstra

3,350

415

-40

-4

Kroman

 

 

 

 

DKP

3,270

405

-120

-14

Ekstra

3,245

402

-120

-14

İsdemir

 

 

 

 

DKP

3,635

450

0

1

Ekstra

3,630

449

0

1

Asil Çelik

 

 

 

 

DKP

3,555

440

-40

-4

Ekstra

3,265

404

-40

-4

IDÇ

 

 

 

 

DKP

2,950

365

0

0

Ekstra

2,930

363

0

0

Erdemir

 

 

 

 

DKP

3,655

452

0

1

Ekstra

3,650

452

0

1

Koç Metalürji

 

 

 

 

DKP

3,150

390

0

0

Ekstra

2,750

340

0

0

Diler Dış Tic.

 

 

 

 

DKP

3,360

416

-50

-6

Ekstra

3,290

407

-50

-6

Sıddık

 

 

 

 

DKP

3,310

410

-40

-4

Ekstra

3,210

397

-40

-4

Ege Çelik

 

 

 

 

DKP

3,230

400

0

0

Ekstra

3,080

381

0

0

Mescier

 

 

 

 

DKP

3,220

399

0

0

Ekstra

3,200

396

0

0

Cansan

 

 

 

 

Ekstra

2,800

347

0

0

Kardemir

 

 

 

 

DKP

3,730

462

0

1

Ekstra

3,545

439

0

1

All above prices are for deliveries to customer and exclude VAT. Exchange rate fluctuations are taken into consideration when calculating the dollar-based price changes. 

$1 = TRY 8.08

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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