Turkey’s domestic scrap prices move up sharply

Friday, 06 January 2023 17:17:56 (GMT+3)   |   Istanbul

Over the past two weeks, Turkish mills’ domestic scrap procurement prices have increased sharply with the impact of the strong upward trend in the deep sea scrap segment. The increase has been in the range of TRY 200-1,000/mt or $9-51/mt. Just one mill has kept its prices stable in this period, with its dollar-based prices declining by $2/mt due to the fluctuating exchange rate.    

The general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved up from the range of TRY 6,100-7,800/mt ($327-418/mt) to TRY 6,700- 8,250/mt ($357-440/mt).

Producer/ product 

Price (TRY/mt) 

Price ($/mt) 

Price changes (TRY/mt) 

Price changes ($/mt) 

 23.12.2022 

23.12.2022  

Çolakoğlu 

  

  

  

  

DKP 

7,680 

409 

450 

21 

Extra 

7,155 

381 

450 

22 

Kroman 

  

  

  

  

DKP 

7,600 

405 

500 

24 

Extra 

7,210 

384 

520 

25 

İsdemir 

  

  

  

  

DKP 

7,580 

404 

450 

22 

Extra 

7,575 

404 

450 

22 

Asil Çelik 

  

  

  

  

DKP 

7,730 

412 

450 

21 

Extra 

7,150 

381 

450 

22 

İDÇ 

  

  

  

  

DKP 

7,100 

378 

1.000 

51 

Extra 

7,080 

377 

1.000 

51 

Erdemir 

  

  

  

  

DKP 

7,830 

417 

450 

21 

Extra 

7,825 

417 

450 

21 

Diler Dış Tic. 

  

  

  

  

DKP 

7,500 

400 

450 

22 

Extra 

7,150 

381 

450 

22 

Baştuğ 

  

  

  

  

DKP 

7,400 

394 

700 

35 

Extra 

5,400 

288 

200 

9 

Sıddık 

  

  

  

  

DKP 

7,450 

397 

750 

38 

Extra 

7,150 

381 

750 

38 

Ege Çelik 

  

  

  

  

DKP 

7,450 

397 

360 

17 

Extra 

7,050 

376 

360 

17 

Mescier 

  

  

  

  

DKP 

6,700 

357 

0 

-2 

Extra 

6,500 

346 

0 

-2 

Cansan 

  

  

  

  

DKP 

7,600 

405 

850 

43 

Extra 

6,400 

341 

900 

46 

Kardemir 

  

  

  

  

DKP 

8,250 

440 

450 

21 

Extra 

8,015 

427 

450 

21 

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 18.77

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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