Turkey’s domestic scrap prices follow diverse trends

Friday, 16 December 2022 17:07:26 (GMT+3)   |   Istanbul

Over the past week, Turkish mills have maintained diverse price policies for their domestic scrap procurements. While most of them kept their prices stable, their dollar-based quotations have also remained unchanged amid the almost still Turkish lira-US dollar exchange rate. One mill reduced its prices by TRY 100/mt or $6/mt, as one increased its prices by TRY 50/mt or $2/mt. Since the uptrend of the deep sea segment seems to lose momentum, Turkish mills are taking the opportunity to cease the increases observed in the local scrap market for a while now.

The general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained at TRY 6,100-7,800/mt ($327-418/mt) week on week.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 09.12.2022

 09.12.2022

Çolakoğlu

 

 

 

 

DKP

7,230

388

0

0

Extra

6,705

360

0

0

Kroman

 

 

 

 

DKP

7,100

381

0

0

Extra

6,690

359

0

0

İsdemir

 

 

 

 

DKP

7,280

390

0

0

Extra

7,275

390

0

0

Asil Çelik

 

 

 

 

DKP

7,280

390

0

0

Extra

6,700

359

0

0

İDÇ

 

 

 

 

DKP

6,100

327

0

0

Extra

6,080

326

0

0

Erdemir

 

 

 

 

DKP

7,380

396

50

2

Extra

7,375

395

50

2

Diler Dış Tic.

 

 

 

 

DKP

7,050

378

0

0

Extra

6,700

359

0

0

Baştuğ

 

 

 

 

DKP

6,700

359

0

0

Extra

5,200

279

0

0

Sıddık

 

 

 

 

DKP

6,700

359

-100

-6

Extra

6,400

343

-100

-6

Ege Çelik

 

 

 

 

DKP

7,090

380

0

0

Extra

6,690

359

0

0

Mescier

 

 

 

 

DKP

6,700

359

0

0

Extra

6,500

349

0

0

Cansan

 

 

 

 

DKP

7,000

375

0

0

Extra

5,500

295

0

0

Kardemir

 

 

 

 

DKP

7,800

418

0

0

Extra

7,565

406

0

0

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 18.65

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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