Stable trend in local Turkish scrap market

Tuesday, 07 July 2020 15:27:52 (GMT+3)   |   Istanbul

SteelOrbis observes that domestic scrap prices in Turkey have remained stable since Wednesday, July 1. Accordingly, benchmark DKP grade scrap prices in Turkey are still in the range of TRY 1,640-2,015/mt, with dollar-based quotations standing at $239-294/mt.

Some market sources believe that domestic scrap purchase prices have been reduced a little too much compared to the import side and that, as a result, domestic scrap flow has slowed down since suppliers are waiting for an increase in prices.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

01.07.2020 

 01.07.2020

Çolakoğlu

 

 

 

 

DKP

1,870

273

0

0

Ekstra

1,745

254

0

0

Kroman

 

 

 

 

DKP

1,695

247

0

0

Ekstra

1,685

246

0

0

İsdemir

 

 

 

 

DKP

1,735

253

0

0

Ekstra

1,730

252

0

0

Asil Çelik

 

 

 

 

DKP

1,835

267

0

0

Ekstra

1,650

241

0

0

IDÇ

 

 

 

 

DKP

1,660

242

0

0

Ekstra

1,640

239

0

0

Erdemir

 

 

 

 

DKP

1,890

276

0

0

Ekstra

1,885

275

0

0

Koç Metalürji

 

 

 

 

DKP

1,640

239

0

0

Ekstra

1,420

207

0

0

Diler Dış Tic.

 

 

 

 

DKP

1,800

262

0

0

Ekstra

1,720

251

0

0

Baştuğ

 

 

 

 

Ekstra

1,570

229

0

0

Sıddık

 

 

 

 

DKP

1,740

254

0

0

Ekstra

1,690

246

0

0

Ege Çelik

 

 

 

 

DKP

1,770

258

0

0

Ekstra

1,610

235

0

0

Mescier

 

 

 

 

DKP

1,710

249

0

0

Ekstra

1,690

246

0

0

Cansan

 

 

 

 

Ekstra

1,340

195

0

0

Kardemir

 

 

 

 

DKP

2,015

294

0

0

Ekstra

1,855

270

0

0

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

$1 = TRY 6.86

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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