Turkish domestic scrap prices continue to decline

Monday, 16 September 2019 15:56:29 (GMT+3)   |   Istanbul
       

At the beginning of this week, some Turkish steelmakers have reduced their domestic scrap purchase prices again due to the weak sentiment in the import segment. As a result, the prices have decreased by TRY 15-125/mt depending on the producer; however, on US dollar basis the decline amounted to $7-20/mt depending on the current exchange rate. More revisions are expected to happen this week, market players foresee.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

12.09.2019

12.09.2019

Çolakoğlu

 

 

 

 

P&S

1.575

275

0

1

HMS I

1.425

249

0

1

HMS I/II (70:30)

1.375

240

0

1

HMS I/II (50:50)

1.325

232

0

1

Turnings

1.125

197

0

1

Kroman

       

P&S

1.350

236

-65

-10

HMS I

1.330

233

-50

-7

HMS I/II (70:30)

1.290

226

-75

-12

HMS I/II (50:50)

1.140

199

-75

-12

HMS II

900

157

-80

-13

Turnings

900

157

-80

-13

İsdemir

       

P&S

1.455

254

-25

-3

HMS I

1.420

248

-25

-3

Bonus

1.325

232

-25

-3

HMS I/II (70:30)

1.205

211

-25

-3

Asil Çelik

       

P&S

1.545

270

-75

-12

HMS I

1.375

240

-75

-12

HMS I/II (70:30)

1.275

223

-75

-12

IDÇ

       

P&S

1.400

245

-15

-1

HMS I

1.380

241

-15

-1

Erdemir

       

P&S

1.545

270

-125

-20

HMS I

1.540

269

-125

-20

HMS I/II (70:30)

1395

244

-125

-20

HMS I/II (50:50)

900

157

0

1

HMS II

600

105

0

1

Koç Metalürji

       

P&S

1320

231

-20

-2

Bonus

1290

226

-20

-2

HMS I

1050

184

-20

-3

Diler Dış Tic.

       

P&S

1.525

267

-75

-12

HMS I

1.375

240

-75

-12

HMS I/II (70:30)

1.275

223

-75

-12

HMS I/II (50:50)

1.175

205

-75

-12

HMS II

825

144

-75

-12

Baştuğ

       

HMS I

1.150

201

0

1

HMS I/II (70:30)

1.020

178

0

1

HMS I/II (50:50)

970

170

0

1

Sıddık

       

P&S

1.350

236

-100

-16

HMS I

1.330

233

-70

-11

HMS I/II (70:30)

1.290

226

-60

-9

HMS I/II (50:50)

1.140

199

-110

-18

Ege Çelik

       

P&S

1.520

266

0

1

Bonus

1.425

249

0

1

HMS I

1.375

240

0

1

Mescier

       

P&S

1.370

240

-50

-7

HMS I

1.350

236

-50

-7

HMS I/II (70:30)

1.300

227

-50

-8

HMS I/II (50:50)

1.240

217

-50

-8

HMS II

830

145

-50

-8

Cansan

       

P&S

1.310

229

0

1

HMS I

1.280

224

0

1

HMS I/II (70:30)

1.080

189

0

1

Kardemir

       

P&S

1.670

292

-60

-9

HMS I

1.650

288

-60

-9

HMS I/II (70:30)

1.460

255

-60

-9

HMS I/II (50:50)

1.390

243

-60

-9

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

$1 = TRY 5.72

 


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