Turkey's local scrap market remains firm despite weaker lira

Friday, 31 July 2026 15:09:26 (GMT+3)   |   Istanbul

Over the past two weeks, Turkey's local scrap market has remained stable following the increased firmness observed on the deep and short sea scrap segments. Two Turkish mills even increased their domestic scrap prices by TRY 100-200/mt, but due to the depreciation of the Turkish lira against the US dollar, dollar-based quotations have fallen for all mills by $1-6/mt as compared to the levels in SteelOrbis' previous report published on July 17. For now, Turkey's domestic scrap market is expected to move sideways.

The general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained unchanged at TRY 15,100-17,700/mt. Due to the fluctuations observed in the exchange rate, the dollar-based quotations have changed from $323-378/mt to $318-372/mt.

Producer/ product Price (TRY/mt) Price ($/mt) Price changes (TRY/mt) Price changes ($/mt)
 17.07.2026  17.07.2026
Çolakoğlu        
DKP 16,905 356 0 -6
Extra 16,380 345 0 -5
Kroman        
DKP 16,905 356 0 -6
Extra 16,750 352 0 -5
İsdemir        
DKP 16,850 355 0 -6
Extra 16,800 353 0 -6
Asil Çelik        
DKP 17,450 367 100 -4
Extra 16,600 349 0 -5
Erdemir        
DKP 17,000 358 0 -6
Extra 16,950 357 0 -6
Koç Metalürji        
DKP 16,800 353 0 -6
Extra 12,200 257 0 -4
Diler Dış Tic.        
DKP 16,450 346 0 -5
Extra 16,350 344 0 -5
Mescier        
DKP 15,100 318 0 -5
Extra 14,900 313 0 -5
Cansan        
DKP 15,700 330 200 -1
Extra 10,700 225 200 1
Kardemir        
DKP 17,700 372 0 -6
Extra 17,450 367 0 -6

All above prices are for deliveries to customers and exclude VAT. Exchange rate fluctuations are taken into consideration when calculating the dollar-based price changes.

$1 = TRY 47.53

AyçaÖzbay
Ayça Özbay
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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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