Today, March 9, some Turkish mills have reduced their domestic scrap purchase prices. With these price revisions - some made during the weekend and some announced today - domestic scrap purchase prices of the mills in question have declined by TRY 15-55/mt as compared to levels published by SteelOrbis on Friday, March 6.
Diler Dis Tic. cut its domestic scrap purchase prices by TRY 20-30/mt on Saturday, March 7. With the producer’s additional TRY 15-25/mt reduction announced today, the total fall in its prices has reached TRY 35-55/mt, the biggest drop observed among Turkish steelmaker.
On the other hand, dollar-based prices of those mills which decided to cut quotations have moved down by $3-9/mt in this period, while the dollar-based domestic scrap purchase prices of other Turkish mills have mostly remained stable, though small decreases of $1/mt have been recorded for some grades.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
06.03.2020 |
06.03.2020 |
|||
Çolakoğlu |
|
|
|
|
P&S |
1,815 |
298 |
-15 |
-3 |
HMS I |
1,690 |
277 |
-25 |
-5 |
HMS I/II (70:30) |
1,600 |
262 |
-25 |
-5 |
HMS I/II (50:50) |
1,550 |
254 |
-25 |
-5 |
Turnings |
1,350 |
221 |
-25 |
-4 |
Kroman |
|
|
|
|
P&S |
1,700 |
279 |
0 |
0 |
HMS I |
1,625 |
266 |
0 |
0 |
HMS I/II (70:30) |
1,570 |
257 |
-30 |
-5 |
HMS I/II (50:50) |
1,520 |
249 |
-30 |
-5 |
HMS II |
1,320 |
216 |
-30 |
-5 |
Turnings |
1,320 |
216 |
-30 |
-5 |
İsdemir |
|
|
|
|
P&S |
1,700 |
279 |
0 |
0 |
HMS I |
1,695 |
278 |
0 |
0 |
Bonus |
1,550 |
254 |
0 |
0 |
HMS I/II (70:30) |
1,385 |
227 |
0 |
0 |
Asil Çelik |
|
|
|
|
P&S |
1,815 |
298 |
-15 |
-3 |
HMS I |
1,660 |
272 |
-25 |
-5 |
HMS I/II (70:30) |
1,485 |
243 |
-25 |
-5 |
IDÇ |
|
|
|
|
P&S |
1,600 |
262 |
0 |
0 |
HMS I |
1,580 |
259 |
0 |
0 |
Erdemir |
|
|
|
|
P&S |
1,870 |
307 |
-20 |
-4 |
HMS I |
1,865 |
306 |
-20 |
-4 |
HMS I/II (70:30) |
1,660 |
272 |
-20 |
-4 |
HMS I/II (50:50) |
900 |
148 |
0 |
0 |
HMS II |
600 |
98 |
0 |
0 |
Koc Metalurji |
|
|
|
|
P&S |
1,610 |
264 |
0 |
0 |
Bonus |
1,590 |
261 |
0 |
0 |
HMS I |
1,390 |
228 |
0 |
0 |
Diler Dış Tic. |
|
|
|
|
P&S |
1,780 |
292 |
-35 |
-6 |
HMS I |
1,670 |
274 |
-45 |
-8 |
HMS I/II (70:30) |
1,510 |
248 |
-55 |
-9 |
HMS I/II (50:50) |
1,460 |
239 |
-55 |
-9 |
HMS II |
1,100 |
180 |
-55 |
-9 |
Baştuğ |
|
|
|
|
HMS I |
1,420 |
233 |
0 |
0 |
HMS I/II (70:30) |
1,270 |
208 |
0 |
0 |
HMS I/II (50:50) |
1,150 |
189 |
0 |
0 |
Sıddık |
|
|
|
|
P&S |
1,720 |
282 |
-20 |
-4 |
HMS I |
1,650 |
270 |
-20 |
-4 |
HMS I/II (70:30) |
1,510 |
248 |
-20 |
-4 |
HMS I/II (50:50) |
1,460 |
239 |
-20 |
-4 |
HMS II |
1,100 |
180 |
-20 |
-4 |
Ege Çelik |
|
|
|
|
P&S |
1,705 |
280 |
-15 |
-3 |
Bonus |
1,615 |
265 |
-15 |
-3 |
HMS I |
1,565 |
257 |
-15 |
-3 |
Mescier |
|
|
|
|
P&S |
1,560 |
256 |
0 |
0 |
HMS I |
1,540 |
252 |
0 |
0 |
HMS I/II (70:30) |
1,470 |
241 |
0 |
0 |
HMS I/II (50:50) |
1,390 |
228 |
0 |
0 |
Cansan |
|
|
|
|
P&S |
1,580 |
259 |
0 |
0 |
HMS I |
1,370 |
225 |
0 |
0 |
Turnings |
1,370 |
225 |
0 |
0 |
Kardemir |
|
|
|
|
P&S |
1,995 |
327 |
0 |
-1 |
HMS I |
1,975 |
324 |
0 |
-1 |
HMS I/II (70:30) |
1,815 |
298 |
0 |
0 |
HMS I/II (50:50) |
1,745 |
286 |
0 |
0 |
All above prices are for deliveries to customer and exclude VAT.
$1 = TRY 6.10
