Three Turkish mills reduce domestic scrap purchase prices

Thursday, 29 July 2021 15:41:49 (GMT+3)   |   Istanbul

Since SteelOrbis’ previous report published on Monday, July 26, three Turkish mills have reduced their domestic scrap purchase prices by TRY 60-300/mt or $3-33/mt, depending on grades. The slight appreciation of the Turkish lira against the US dollar during the same period caused $3-4/mt increase on other mills’ dollar based prices.

Today, the general range in the local Turkish scrap market for the benchmark DKP grade scrap is still in the range of TRY 3,820-4,530/mt, while the dollar-based quotations moved from $446-529/mt to $449-532/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

26.07.2021 

26.07.2021 

Çolakoğlu

 

 

 

 

DKP

4,280

503

0

4

Ekstra

3,925

461

0

3

Kroman

 

 

 

 

DKP

3,900

458

0

3

Ekstra

3,800

447

0

3

İsdemir

 

 

 

 

DKP

4,105

482

-100

-8

Ekstra

4,100

482

-100

-8

Asil Çelik

 

 

 

 

DKP

4,305

506

0

4

Ekstra

3,900

458

0

3

İDÇ

 

 

 

 

DKP

3,870

455

0

3

Ekstra

3,850

452

0

3

Erdemir

 

 

 

 

DKP

4,280

503

-60

-3

Ekstra

4,275

502

-60

-3

Koç Metalürji

 

 

 

 

DKP

3,900

458

-100

-8

Ekstra

3,000

353

-300

-33

Diler Dış Tic.

 

 

 

 

DKP

3,970

467

0

3

Ekstra

3,900

458

0

3

Sıddık

 

 

 

 

DKP

3,870

455

0

3

Ekstra

3,800

447

0

3

Ege Çelik

 

 

 

 

DKP

4,160

489

0

3

Ekstra

3,850

452

0

3

Mescier

 

 

 

 

DKP

3,820

449

0

3

Ekstra

3,800

447

0

3

Cansan

 

 

 

 

DKP

4,000

470

0

3

Bonus

3,850

452

0

3

Kardemir

 

 

 

 

DKP

4,530

532

0

4

Ekstra

4,245

499

0

3

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 8.51 

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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