Some Turkish mills update their domestic scrap purchase prices

Friday, 22 November 2019 15:21:00 (GMT+3)   |   Istanbul

Some Turkish mills have increased their domestic scrap purchase prices by TRY 60-110/mt or $12-21/mt over the past week depending on the buyer and the raw material grade. In the meantime, for now most of the steel producers have kept the same prices as last week, resulting in a $3/mt uptick on dollar basis due to the change in the exchange rate. Sources say that this week mills’ demand for local scrap has slowed down somewhat, partly being the reason for some downward revisions in the Iskenderun region. However, some more upward revisions may be seen if import scrap prices firm up in upcoming deals, SteelOrbis understands.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

14.11.2019

14.11.2019

Çolakoğlu

       

P&S

1,640

288

0

+3

HMS I

1,505

264

0

+3

HMS I/II (70:30)

1,455

255

0

+3

HMS I/II (50:50)

1,405

246

0

+3

Turnings

1,205

211

0

+3

Kroman

       

P&S

1,550

272

+100

+21

HMS I

1,470

258

+80

+17

HMS I/II (70:30)

1,455

255

+75

+16

HMS I/II (50:50)

1,350

237

+80

+17

HMS II

1,130

198

+110

+21

Turnings

1,110

195

+110

+21

İsdemir

       

P&S

1,540

270

0

+3

HMS I

1,535

269

0

+3

Bonus

1,450

254

0

+3

HMS I/II (70:30)

1,135

199

0

+2

Asil Çelik

       

P&S

1,610

282

0

+3

HMS I

1,475

259

0

+3

HMS I/II (70:30)

1,370

240

0

+3

IDÇ

       

P&S

1,455

255

0

+3

HMS I

1,435

252

0

+3

Erdemir

       

P&S

1,600

281

0

+3

HMS I

1,595

280

0

+3

HMS I/II (70:30)

1,390

244

0

+3

HMS I/II (50:50)

900

158

0

+2

HMS II

600

105

0

+1

Koc Metalurji

       

P&S

1,490

261

0

+3

Bonus

1,460

256

0

+3

HMS I

1,270

223

0

+3

Diler Dış Tic.

       

P&S

1,615

283

0

+3

HMS I

1,505

264

0

+3

HMS I/II (70:30)

1,415

248

0

+3

HMS I/II (50:50)

1,265

222

0

+3

HMS II

885

155

0

+2

Baştuğ

       

HMS I

1,300

228

0

+3

HMS I/II (70:30)

1,170

205

0

+2

HMS I/II (50:50)

1,100

193

0

+2

Sıddık

       

P&S

1,550

272

0

+3

HMS I

1,480

260

0

+3

HMS I/II (70:30)

1,410

247

0

+3

HMS I/II (50:50)

1,280

225

0

+3

HMS II

1,030

181

0

+2

Ege Çelik

       

P&S

1,560

274

0

+3

Bonus

1,510

265

0

+3

HMS I

1,460

256

0

+3

Mescier

       

P&S

1,450

254

+60

+13

HMS I

1,430

251

+60

+13

HMS I/II (70:30)

1,380

242

+60

+13

HMS I/II (50:50)

1,320

232

+60

+13

HMS II

910

160

+60

+12

Cansan

       

P&S

1,420

249

-20

0

HMS I

1,230

216

-20

-1

HMS I/II (70:30)

1,230

216

-20

-1

Kardemir

       

P&S

1,785

313

0

+4

HMS I

1,595

280

0

+3

HMS I/II (70:30)

1,525

268

0

+3

HMS I/II (50:50)

1,415

248

0

+3

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

$1 = TRY 5.70

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