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)
Producer/ product	Price (TRY/mt)	Price ($/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

Some Turkish mills update their domestic scrap purchase prices

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