Turkish mills continue to raise local scrap purchase prices

Monday, 28 October 2019 12:34:53 (GMT+3)   |   Istanbul

Turkish steel producers have as expected continued to follow the general uptrend in the scrap segment. As a result, some mills have increased their domestic purchasing prices, this time by TRY 30-90/mt depending on the company and the scrap grade, which has led to a $6-16/mt rise on US dollar basis. Market players generally believe that domestic scrap prices will continue to strengthen if the uptrend in the import segment continues.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

25.10.2019

25.10.2019

Çolakoğlu

 

 

 

 

P&S

1,555

270

0

0

HMS I

1,420

247

0

0

HMS I/II (70:30)

1,370

238

0

0

HMS I/II (50:50)

1,320

229

0

0

Turnings

1,120

194

0

0

Kroman

 

 

 

 

P&S

1,450

252

+60

+11

HMS I

1,390

241

+80

+14

HMS I/II (70:30)

1,380

240

+90

+16

HMS I/II (50:50)

1,270

220

+90

+16

HMS II

1,020

177

+90

+16

Turnings

1,000

174

+90

+16

İsdemir

 

 

 

 

P&S

1,540

267

+50

+9

HMS I

1,535

266

+50

+9

Bonus

1,450

252

+50

+9

HMS I/II (70:30)

1,135

197

0

0

Asil Çelik

 

 

 

 

P&S

1,535

266

0

0

HMS I

1,395

242

0

0

HMS I/II (70:30)

1,290

224

0

0

IDÇ

 

 

 

 

P&S

1,385

240

0

0

HMS I

1,365

237

0

0

Erdemir

 

 

 

 

P&S

1,600

278

+75

+13

HMS I

1,595

277

+75

+13

HMS I/II (70:30)

1,390

241

+40

+7

HMS I/II (50:50)

900

156

0

0

HMS II

600

104

0

0

Koc Metalurji

 

 

 

 

P&S

1,470

255

+40

+7

Bonus

1,440

250

+40

+7

HMS I

1,250

217

+40

+7

Diler Dış Tic.

 

 

 

 

P&S

1,530

266

0

0

HMS I

1,420

247

0

0

HMS I/II (70:30)

1,330

231

0

0

HMS I/II (50:50)

1,180

205

0

0

HMS II

800

139

0

0

Baştuğ

 

 

 

 

HMS I

1,270

220

+55

+10

HMS I/II (70:30)

1,140

198

+55

+10

HMS I/II (50:50)

1,060

184

+60

+11

Sıddık

 

 

 

 

P&S

1,500

260

0

0

HMS I

1,400

243

0

0

HMS I/II (70:30)

1,330

231

0

0

HMS I/II (50:50)

1,200

208

0

0

HMS II

950

165

0

0

Ege Çelik

 

 

 

 

P&S

1,465

254

0

0

Bonus

1,400

243

0

0

HMS I

1,350

234

0

0

Mescier

 

 

 

 

P&S

1,340

233

0

0

HMS I

1,320

229

0

0

HMS I/II (70:30)

1,270

220

0

0

HMS I/II (50:50)

1,210

210

0

0

HMS II

800

139

0

0

Cansan

 

 

 

 

P&S

1,440

250

+30

+6

HMS I

1,250

217

+30

+6

HMS I/II (70:30)

1,250

217

+30

+6

Kardemir

       

P&S

1,785

310

0

+1

HMS I

1,595

277

0

0

HMS I/II (70:30)

1,525

265

0

0

HMS I/II (50:50)

1,415

246

0

0

 

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

$1 = TRY 5.76

 

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