Some Turkish steelmakers increase domestic scrap purchase prices

Thursday, 18 February 2021 16:51:27 (GMT+3)   |   Istanbul

As compared to yesterday, February 17, some Turkish mills have increased their domestic scrap prices by TRY 50-100/mt or $6-13/mt, while others have kept their prices stable which resulted in a $1/mt decrease in their dollar-based quotations, both depending on the buyer and the grade.

Accordingly, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved up from TRY 2,650-3,025/mt to TRY 2,650-3,125, while the dollar-based quotations have increased from the range of $382-437/mt to $381-450/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

17.02.2021

17.02.2021 

Çolakoğlu

 

 

 

 

DKP

3,025

435

0

-1

Ekstra

2,810

404

0

-1

Kroman

 

 

 

 

DKP

2,860

412

0

-1

Ekstra

2,590

373

0

-1

İsdemir

 

 

 

 

DKP

2,965

427

0

-1

Ekstra

2,960

426

0

-1

Asil Çelik

 

 

 

 

DKP

3,025

435

0

-1

Ekstra

2,660

383

0

-1

IDÇ

 

 

 

 

DKP

2,650

381

0

-1

Ekstra

2,630

378

0

-1

Erdemir

 

 

 

 

DKP

3,025

435

0

-1

Ekstra

3,020

435

0

-1

Koç Metalürji

 

 

 

 

DKP

2,900

417

50

6

Ekstra

2,550

367

0

-1

Diler Dış Tic,

 

 

 

 

DKP

2,800

403

0

-1

Ekstra

2,700

388

0

-1

Baştuğ

 

 

 

 

Ekstra

2,550

367

0

-1

Sıddık

 

 

 

 

DKP

2,800

403

0

-1

Ekstra

2,700

388

0

-1

Ege Çelik

 

 

 

 

DKP

2,780

400

0

-1

Ekstra

2,650

381

0

-1

Mescier

 

 

 

 

DKP

2,670

384

0

-1

Ekstra

2,650

381

0

-1

Cansan

 

 

 

 

Ekstra

2,550

367

0

-1

Kardemir

 

 

 

 

DKP

3,125

450

100

13

Ekstra

2,940

423

100

13

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 6.95

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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