Turkish domestic scrap market mostly stable

Monday, 28 September 2020 15:37:35 (GMT+3)   |   Istanbul

Having been generally moving sideways, some price reductions have also been observed in the local Turkish scrap market. As compared to the previous SteelOrbis report published on Thursday, September 24, some mills have reduced their domestic scrap purchase prices by TRY 40-80/mt or $11-16/mt, while the dollar-based quotations of the other mills have decreased by $5-7/mt. The main reason of the downtrend observed in the dollar-based prices is the sharp depreciation of the Turkish lira against the dollar. As of today, September 28, the benchmark DKP grade scrap quotations in Turkey are in the range of TRY 1,950-2,345/mt or $249-300/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 24.09.2020

24.09.2020 

Çolakoğlu

 

 

 

 

DKP

2,260

289

0

-7

Ekstra

2,115

270

0

-6

Kroman

 

 

 

 

DKP

2,070

265

0

-6

Ekstra

2,060

263

0

-6

İsdemir

 

 

 

 

DKP

2,020

258

0

-6

Ekstra

2,015

258

0

-6

Asil Çelik

 

 

 

 

DKP

2,270

290

0

-7

Ekstra

2,040

261

0

-6

IDÇ

 

 

 

 

DKP

2,070

265

0

-6

Ekstra

2,050

262

0

-6

Erdemir

 

 

 

 

DKP

2,310

295

0

-7

Ekstra

2,305

295

0

-7

Koç Metalürji

 

 

 

 

DKP

1,950

249

-50

-12

Ekstra

1,700

217

-50

-12

Diler Dış Tic.

 

 

 

 

DKP

2,205

282

0

-7

Ekstra

2,105

269

0

-6

Baştuğ

 

 

 

 

Ekstra

1,770

226

0

-5

Sıddık

 

 

 

 

DKP

2,185

279

0

-7

Ekstra

2,105

269

0

-6

Ege Çelik

 

 

 

 

DKP

2,130

272

-40

-12

Ekstra

2,030

260

-40

-11

Mescier

 

 

 

 

DKP

2,075

265

0

-6

Ekstra

2,055

263

0

-6

Cansan

 

 

 

 

Ekstra

1,670

214

-80

-16

Kardemir

 

 

 

 

DKP

2,345

300

0

-7

Ekstra

2,185

279

0

-7

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

$1 = TRY 7.82

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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