Turkish mills adjust domestic scrap purchase prices

Wednesday, 04 September 2019 15:28:08 (GMT+3)   |   Istanbul
       

Turkish steel producers have mostly adjusted their domestic scrap purchase prices based on the market situation and their current production and sales positions, SteelOrbis understands. Some of the mills have chosen to significantly reduce prices on Turkish lira basis, which has led to a considerable decline in the US dollar equivalents. Others have decided to apply less sizeable adjustments that have resulted in only small price corrections on dollar basis. In the meantime, some producers have left their purchase prices unchanged, though they are expected to adjust them shortly.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

29.08.2019

29.08.2019

Colakoglu

 

 

 

 

P&S

1,755

309

-15

+5

HMS I

1,555

274

-35

+1

HMS I/II (70:30)

1,525

268

-35

+1

HMS I/II (50:50)

1,450

255

-25

+2

Turnings

1,250

220

-25

+1

Kroman

 

 

 

 

P&S

1,455

256

-50

-2

HMS I

1,420

250

-50

-2

HMS I/II (70:30)

1,405

247

-50

-2

HMS I/II (50:50)

1,255

221

-50

-3

HMS II

1,020

180

-50

-4

Turnings

1,020

180

-50

-4

İsdemir

 

 

 

 

P&S

1,600

282

0

+7

HMS I

1,565

276

0

+7

Bonus

1,470

259

0

+7

HMS I/II (70:30)

1,350

238

0

+6

Asil Celik

 

 

 

 

P&S

1,715

302

-35

+2

HMS I

1,535

270

-35

+1

HMS I/II (70:30)

1,430

252

-35

0

IDÇ

 

 

 

 

P&S

1,500

264

-80

-7

HMS I

1,480

261

-80

-7

Erdemir

 

 

 

 

P&S

1,760

310

-20

+3

HMS I

1,755

309

-30

+3

HMS I/II (70:30)

1580

278

-30

+2

HMS I/II (50:50)

900

158

0

+4

HMS II

600

106

0

+3

Koç Metalürji*

 

 

 

 

P&S

1,390

245

 

 

Bonus

1,360

239

 

 

HMS I

1,120

197

 

 

Diler Dış Tic.

 

 

 

 

P&S

1,650

290

0

+7

HMS I

1,500

264

0

+7

HMS I/II (70:30)

1,400

246

0

+6

HMS I/II (50:50)

1,300

229

0

+6

HMS II

950

167

0

+4

Baştuğ

 

 

 

 

HMS I

1,320

232

+20

+9

HMS I/II (70:30)

1,220

215

+20

+9

HMS I/II (50:50)

1,150

202

0

+5

Sıddık

 

 

 

 

P&S

1,550

273

0

+7

HMS I

1,450

255

0

+7

HMS I/II (70:30)

1,380

243

0

+6

HMS I/II (50:50)

1,280

225

0

+6

Ege Celik

 

 

 

 

P&S

1,655

291

-85

-7

Bonus

1,560

275

-110

-12

HMS I

1,510

266

-110

-12

Kardemir

       

P&S

1,880

331

-80

-5

HMS I

1,690

298

-70

-4

HMS I/II (70:30)

1,620

285

-90

-8

HMS I/II (50:50)

1,510

266

-70

-5

 

*Since Koc Metalurji’s domestic scrap purchase quotations were not shared last week, the weekly price change for this producer is not included in the table.

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

$1 = TRY 5.68

 


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