Turkish mill Colakoglu cuts domestic scrap purchase price

Tuesday, 30 June 2020 15:37:19 (GMT+3)   |   Istanbul
       

As of today, June 30, Marmara-based Turkish mill Colakoglu has reduced its domestic scrap purchase prices by TRY 15/mt, which is equal to a drop of $2/mt on US dollar basis. With this move, the range of benchmark DKP grade scrap quotations in Turkey has remained at TRY 1,640-2,015/mt, which is equal to $239-294/mt on dollar basis.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 29.06.2020

 29.06.2020

Çolakoğlu

 

 

 

 

DKP

1.870

273

-15

-2

Ekstra

1.745

255

-15

-2

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

$1 = TRY 6.85


Similar articles

Global View on Scrap: Turkish market seeks direction, demand still weak in Asia

19 Apr | Scrap & Raw Materials

Turkey’s domestic scrap market shows diverse trends

19 Apr | Scrap & Raw Materials

Taiwan’s import scrap market weak as mills buy at discounts amid cheap billet options

19 Apr | Scrap & Raw Materials

Local Italian scrap prices edge up slightly, further rises expected in May

19 Apr | Scrap & Raw Materials

US scrap market shows signs of another sideways trend in May

18 Apr | Scrap & Raw Materials

Ex-Europe scrap prices in Turkey remain firm, market still mostly silent

18 Apr | Scrap & Raw Materials

Carbon and stainless scrap prices in Taiwanese domestic market - week 16, 2024

18 Apr | Scrap & Raw Materials

Tokyo Steel cuts scrap purchase price only for Utsunomiya plant

18 Apr | Scrap & Raw Materials

Scrap imports in Bangladesh still muted after holiday, prices edge up

18 Apr | Scrap & Raw Materials

Australian Steel Institute seeks prohibition on unprocessed scrap exports

18 Apr | Steel News