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


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