Turkish domestic scrap prices mostly decline

Tuesday, 07 January 2020 17:07:03 (GMT+3)   |   Istanbul
       

Some Turkish mills have preferred to make some downward adjustments in their local scrap purchase prices over the past two weeks. Their price levels have moved down by TRY 20-100/mt or $5-18/mt depending on the producer. Some of the mills have kept their purchase price levels stable for now, resulting in a $1-2/mt decline in their purchase prices on US dollar basis. Meanwhile, only one mill increased its purchase prices, raising them by TRY 15/mt. most probably aiming to offset currency fluctuations, SteelOrbis understands.

In the import segment, some higher activity is expected to be seen this week. While the overall price trend of import scrap still lacks clarity, local scrap suppliers are reported to be rather active as they expect mills may decrease their purchase prices further.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

27.12.2019

27.12.2019

Çolakoğlu

       

P&S

1,880

315

0

-2

HMS I

1,750

294

0

-1

HMS I/II (70:30)

1,685

283

0

-1

HMS I/II (50:50)

1,635

274

0

-1

Turnings

1,435

241

0

-1

Kroman

       

P&S

1,690

284

-30

-6

HMS I

1,665

279

-30

-6

HMS I/II (70:30)

1,645

276

-40

-8

HMS I/II (50:50)

1,595

268

-40

-8

HMS II

1,270

213

-40

-8

Turnings

1,270

213

-40

-8

İsdemir

       

P&S

1,740

292

-40

-8

HMS I

1,735

291

-40

-8

Bonus

1,620

272

-70

-13

HMS I/II (70:30)

1,455

244

-70

-13

Asil Çelik

       

P&S

1,830

307

-20

-5

HMS I

1,700

285

-25

-6

HMS I/II (70:30)

1,540

258

-25

-6

IDÇ

       

P&S

1,640

275

+15

+1

HMS I

1,620

272

+15

+1

Erdemir

       

P&S

1,880

315

-20

-5

HMS I

1,875

315

-20

-5

HMS I/II (70:30)

1,670

280

-20

-5

HMS I/II (50:50)

900

151

0

-1

HMS II

600

101

0

-1

Koc Metalurji

       

P&S

1,690

284

-40

-8

Bonus

1,660

279

-40

-8

HMS I

1,450

243

-40

-8

Diler Dış Tic.

       

P&S

1,800

302

-30

-7

HMS I

1,700

285

-30

-7

HMS I/II (70:30)

1,640

275

-30

-6

HMS I/II (50:50)

1,590

267

-30

-6

HMS II

1,240

208

-30

-6

Baştuğ

       

HMS I

1,415

237

-65

-12

HMS I/II (70:30)

1,300

218

-70

-13

HMS I/II (50:50)

1,190

200

-60

-11

Sıddık

       

P&S

1,700

285

0

-1

HMS I

1,670

280

0

-1

HMS I/II (70:30)

1,600

268

0

-1

HMS I/II (50:50)

1,550

260

0

-1

HMS II

1,270

213

0

-1

Ege Çelik

       

P&S

1,670

280

0

-1

Bonus

1,630

273

0

-1

HMS I

1,580

265

0

-1

Mescier

       

P&S

1,730

290

0

-1

HMS I

1,710

287

0

-1

HMS I/II (70:30)

1,660

279

0

-1

HMS I/II (50:50)

1,600

268

0

-1

HMS II

1,190

200

0

-1

Cansan

       

P&S

1,600

268

-100

-18

HMS I

1,400

235

-90

-16

HMS I/II (70:30)

1,400

235

-90

-16

Kardemir

       

P&S

1,995

335

0

-2

HMS I

1,805

303

0

-2

HMS I/II (70:30)

1,735

291

0

-1

HMS I/II (50:50)

1,625

273

0

-1

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

$1 = TRY 5.96

 


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