Turkey’s Colakoglu raises domestic scrap prices for second time this week

Thursday, 05 December 2019 17:39:20 (GMT+3)   |   Istanbul
       

Turkish mills have remained focused on sourcing steel scrap from the local market, aiming to secure sufficient stocks while import prices seem to be climbing still. As a result, some mills, in particular Colakoglu Metalurji, have increased their domestic scrap purchase prices for the second time this week, this time by TRY 60/mt or $10/mt, SteelOrbis has learned. Another reason for the producers to be active locally is that the number of available import scrap cargoes for January shipment seems to be limited for now.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

04.12.2019

04.12.2019

Çolakoğlu

       

P&S

1,760

306

+60

+10

HMS I

1,630

283

+60

+10

HMS I/II (70:30)

1,580

274

+60

+10

HMS I/II (50:50)

1,530

266

+60

+10

Turnings

1,330

231

+60

+10

Kroman

       

P&S

1,610

280

0

0

HMS I

1,540

267

0

0

HMS I/II (70:30)

1,520

264

0

0

HMS I/II (50:50)

1,470

255

0

0

HMS II

1,270

220

0

0

Turnings

1,270

220

0

0

İsdemir

       

P&S

1,630

283

0

0

HMS I

1,625

282

0

0

Bonus

1,540

267

0

0

HMS I/II (70:30)

1,375

239

0

0

Asil Çelik

       

P&S

1,730

300

+60

+10

HMS I

1,605

279

+60

+10

HMS I/II (70:30)

1,460

253

+60

+10

IDÇ

       

P&S

1,500

260

0

0

HMS I

1,480

257

0

0

Erdemir

       

P&S

1,720

299

0

-1

HMS I

1,715

298

0

-1

HMS I/II (70:30)

1,510

262

0

0

HMS I/II (50:50)

900

156

0

0

HMS II

600

104

0

0

Koc Metalurji

       

P&S

1,490

259

0

0

Bonus

1,460

253

0

0

HMS I

1,270

220

0

0

Diler Dış Tic.

       

P&S

1,660

288

0

-1

HMS I

1,550

269

0

0

HMS I/II (70:30)

1,460

253

0

0

HMS I/II (50:50)

1,310

227

0

0

HMS II

930

161

0

0

Baştuğ

       

HMS I

1,320

229

0

0

HMS I/II (70:30)

1,200

208

0

0

HMS I/II (50:50)

1,130

196

0

-1

Sıddık

       

P&S

1,610

280

0

0

HMS I

1,550

269

0

0

HMS I/II (70:30)

1,480

257

0

0

HMS I/II (50:50)

1,350

234

0

0

HMS II

1,080

188

0

0

Ege Çelik

       

P&S

1,560

271

0

0

Bonus

1,510

262

0

0

HMS I

1,460

253

0

0

Mescier

       

P&S

1,490

259

0

0

HMS I

1,470

255

0

0

HMS I/II (70:30)

1,420

247

0

0

HMS I/II (50:50)

1,360

236

0

0

HMS II

950

165

0

0

Cansan

       

P&S

1,490

259

0

0

HMS I

1,280

222

0

0

HMS I/II (70:30)

1,280

222

0

0

Kardemir

       

P&S

1,785

310

0

-1

HMS I

1,595

277

0

0

HMS I/II (70:30)

1,525

265

0

0

HMS I/II (50:50)

1,415

246

0

0

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

$1 = TRY 5.75


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