Turkish domestic scrap prices decline after recent import price drop

Thursday, 16 January 2020 17:10:52 (GMT+3)   |   Istanbul
       

Domestic scrap purchase prices have again been adjusted downwards in Turkey by many mills, following the recent drop in prices in the import scrap segment. Domestic scrap purchase price levels have declined by TRY 15-100/m or $3-17/mt depending on the scrap grade and the steel producer. One mill increased its prices by TRY 15/mt ($3/mt), most probably seeking to continue to attract supplies of the raw material. Sources expect the downturn may persist in the domestic scrap market in Turkey, taking into account that the forecast for import scrap prices in future deals is mostly negative.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

13.01.2020

13.01.2020

Çolakoğlu

       

P&S

1,880

321

0

0

HMS I

1,750

299

0

0

HMS I/II (70:30)

1,685

288

0

0

HMS I/II (50:50)

1,635

279

0

0

Turnings

1,435

245

0

0

Kroman

 

 

 

 

P&S

1,610

275

-20

-3

HMS I

1,585

270

-20

-3

HMS I/II (70:30)

1,535

262

-20

-3

HMS I/II (50:50)

1,485

253

-20

-3

HMS II

1,160

198

-20

-3

Turnings

1,160

198

-20

-3

İsdemir

 

 

 

 

P&S

1,710

292

-30

-5

HMS I

1,705

291

-30

-5

Bonus

1,560

266

-60

-10

HMS I/II (70:30)

1,395

238

-60

-10

Asil Çelik

 

 

 

 

P&S

1,830

312

0

0

HMS I

1,660

283

-40

-7

HMS I/II (70:30)

1,500

256

-40

-7

IDÇ

 

 

 

 

P&S

1,620

276

0

0

HMS I

1,600

273

0

0

Erdemir

 

 

 

 

P&S

1,860

317

-20

-3

HMS I

1,855

317

-20

-3

HMS I/II (70:30)

1,650

282

-20

-3

HMS I/II (50:50)

900

154

0

0

HMS II

600

102

0

0

Koc Metalurji

 

 

 

 

P&S

1,620

276

-30

-5

Bonus

1,590

271

-30

-5

HMS I

1,380

235

-30

-5

Diler Dış Tic.

 

 

 

 

P&S

1,780

304

0

0

HMS I

1,680

287

0

0

HMS I/II (70:30)

1,620

276

0

0

HMS I/II (50:50)

1,570

268

0

0

HMS II

1,220

208

0

0

Baştuğ

 

 

 

 

HMS I

1,400

239

-15

-3

HMS I/II (70:30)

1,280

218

-20

-3

HMS I/II (50:50)

1,170

200

-20

-3

Sıddık

 

 

 

 

P&S

1,700

290

0

0

HMS I

1,670

285

0

0

HMS I/II (70:30)

1,600

273

0

0

HMS I/II (50:50)

1,550

265

0

0

HMS II

1,270

217

0

0

Ege Çelik

 

 

 

 

P&S

1,695

289

+15

+3

Bonus

1,655

282

+15

+3

HMS I

1,605

274

+15

+3

Mescier

 

 

 

 

P&S

1,670

285

-60

-10

HMS I

1,650

282

-60

-10

HMS I/II (70:30)

1,580

270

-80

-14

HMS I/II (50:50)

1,500

256

-100

-17

Cansan

 

 

 

 

P&S

1,590

271

-10

-2

HMS I

1,380

235

-20

-3

HMS I/II (70:30)

1,380

235

-20

-3

Kardemir

       

P&S

1,995

340

0

0

HMS I

1,805

308

0

0

HMS I/II (70:30)

1,735

296

0

0

HMS I/II (50:50)

1,625

277

0

0

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

$1 = TRY 5.86


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