Turkish domestic scrap purchase prices continue to rise

Friday, 05 June 2020 14:21:52 (GMT+3)   |   Istanbul

Today, June 5, the increasing trend of the local Turkish scrap market has continued with some mills raising their purchase prices by TRY 10-175/mt, depending on the grade, which equals an increase of $1-26/mt on US dollar basis. As the Turkish lira-US dollar exchange rate has only indicated a small change, the dollar-based quotations of the mills that kept their prices stable have moved sideways.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 04.06.2020

 04.06.2020

Çolakoğlu

 

 

 

 

DKP

1,880

278

+30

+4

Ekstra

1,755

259

+30

+4

Kroman

 

 

 

 

DKP

1,705

252

+45

+6

Ekstra

1,670

247

+35

+5

İsdemir

 

 

 

 

DKP

1,750

258

0

0

Ekstra

1,745

258

0

0

Asil Çelik

 

 

 

 

DKP

1,850

273

+30

+4

Ekstra

1,725

255

+175

+26

IDÇ

 

 

 

 

DKP

1,630

241

+10

+1

Ekstra

1,610

238

+10

+1

Erdemir

 

 

 

 

DKP

1,890

279

0

0

Ekstra

1,885

278

0

0

Koç Metalürji

 

 

 

 

DKP

1,670

247

0

0

Ekstra

1,450

214

0

0

Diler Dış Tic.

 

 

 

 

DKP

1,840

272

+30

+4

Ekstra

1,730

256

+30

+4

Baştuğ

 

 

 

 

Ekstra

1,630

241

0

0

Sıddık

 

 

 

 

DKP

1,790

264

+30

+4

Ekstra

1,730

256

+30

+4

Ege Çelik

 

 

 

 

DKP

1,750

258

0

0

Ekstra

1,585

234

0

0

Mescier

 

 

 

 

DKP

1,670

247

0

0

Ekstra

1,650

244

0

0

Cansan

 

 

 

 

Ekstra

1,340

198

0

0

Kardemir

 

 

 

 

DKP

1,975

292

0

0

Ekstra

1,815

268

0

0

 

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

$1 = TRY 6.77

 

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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