Some Turkish mills reduce local scrap procurement quotations

Friday, 06 May 2022 17:56:49 (GMT+3)   |   Istanbul

Over the past week, some Turkish mills’ local scrap procurement prices have moved down by TRY 150-350/mt or $14-28/mt. The dollar-based prices of the other mills that decided to keep their prices stable have decreased by $4-5/mt week on week due to the slight depreciation of the Turkish lira against the dollar.

As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has decreased from TRY 7,550-8,900/mt to TRY 7,400-8,600/mt, while prices on USD basis have been revised from $509-600/mt to $495-575/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

29.04.2022 

29.04.2022 

Çolakoğlu

 

 

 

 

DKP

8,580

574

-300

-25

Ekstra

8,055

539

-300

-25

Kroman

 

 

 

 

DKP

7,400

495

-150

-14

Ekstra

6,900

462

-150

-14

İsdemir

 

 

 

 

DKP

8,250

552

0

-4

Ekstra

8,245

552

0

-4

Asil Çelik

 

 

 

 

DKP

8,600

575

-300

-25

Ekstra

7,950

532

-300

-25

İDÇ

 

 

 

 

DKP

8,000

535

0

-4

Ekstra

7,980

534

0

-4

Erdemir

 

 

 

 

DKP

8,580

574

-300

-25

Ekstra

8,575

574

-300

-25

Diler Dış Tic.

 

 

 

 

DKP

7,650

512

-300

-24

Ekstra

7,480

500

-300

-24

Baştuğ

 

 

 

 

DKP

7,650

512

0

-4

Ekstra

6,500

435

0

-4

Sıddık

 

 

 

 

DKP

7,650

512

-300

-24

Ekstra

7,480

500

-300

-24

Ege Çelik

 

 

 

 

DKP

8,450

565

0

-5

Ekstra

7,750

518

0

-4

Mescier

 

 

 

 

DKP

7,600

508

-350

-28

Ekstra

7,400

495

-350

-28

Cansan

 

 

 

 

DKP

7,800

522

0

-4

Ekstra

6,800

455

0

-4

Kardemir

 

 

 

 

DKP

8,500

569

-200

-18

Ekstra

8,365

560

-200

-18

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 14.95

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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