Turkish mill Erdemir reduces domestic scrap purchase price

Wednesday, 01 July 2020 14:16:20 (GMT+3)   |   Istanbul

Zonguldak-based Turkish mill Erdemir has reduced its domestic scrap purchase prices today, July 1, by TRY 30/mt, which is equal to a drop of $4/mt on US dollar basis, though this decision has led to no change in the general range of benchmark DKP grade scrap prices in Turkey which are still standing at TRY 1,640-2,015/mt or $239-294/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

30.06.2020 

 30.06.2020

Erdemir

 

 

 

 

DKP

1,890

276

-30

-4

Ekstra

1,885

275

-30

-4

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

$1 = TRY 6.85

AyçaÖzbay
Ayça Özbay
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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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