Turkish mills cut local scrap purchase prices significantly

Friday, 02 May 2025 16:16:19 (GMT+3)   |   Istanbul

Amid the weak sentiment in the import scrap segment, Turkish mills have reduced their domestic scrap purchase prices significantly over the past two weeks, by a range of TRY 200-1,100/mt, with a $7-32/mt downward revision in dollar-based prices against the backdrop of the depreciation of the Turkish lira. The strong decreases in import scrap prices have come to a halt this week, which may lead to a stabilization of the domestic scrap market.

As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved down from TRY 12,450-14,200/mt to TRY 12,100-13,230/mt. The dollar-based quotations have moved down from $326-372/mt to $314-343/mt.

Producer/ product Price (TRY/mt) Price ($/mt) Price changes (TRY/mt) Price changes ($/mt)
18.04.2025  18.04.2025 
Çolakoğlu        
DKP 13,205 342 -350 -13
Extra 12,680 329 -350 -13
Kroman        
DKP 12,800 332 -450 -15
Extra 12,250 318 -450 -15
İsdemir        
DKP 12,100 314 -350 -12
Extra 12,050 312 -350 -12
Asil Çelik        
DKP 13,230 343 -450 -15
Extra 12,440 323 -450 -15
Erdemir        
DKP 12,500 324 -550 -18
Extra 12,495 324 -550 -18
Diler Dış Tic.        
DKP 12,150 315 -550 -18
Extra 12,050 312 -550 -18
Sıddık        
DKP 12,150 315 -550 -18
Extra 12,050 312 -550 -18
Ege Çelik*        
DKP 12,850 333    
Extra 11,800 306    
Mescier        
DKP 12,400 321 -200 -9
Extra 12,200 316 -200 -8
Cansan        
DKP 12,500 324 -200 -9
Extra 7,200 187 -200 -7
Kardemir        
DKP 13,100 340 -1,100 -32
Extra 12,865 334 -1,100 -32

All above prices are for deliveries to customer and exclude VAT. Exchange rate fluctuations are taken into consideration when calculating the dollar-based price changes.

*Since the domestic scrap purchase quotations of Ege Çelik were not shared last week, the weekly price change for this producer is not included in the table.

$1 = TRY 38.57

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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