Turkish mills’ domestic scrap purchase prices move up again

Thursday, 23 July 2020 16:12:47 (GMT+3)   |   Istanbul

Today, July 22, some Turkish mills have increased their domestic scrap purchase prices by TRY 20-55/mt, which equals to $3-8/mt, while other producers have decided to keep their quotations stable, which has led to a stable trend in those mills’ dollar-based quotations. The benchmark DKP prices are still in the range of TRY 1,705-2,045/mt or $249-299/mt.

According to market sources, this increase in steelmakers’ domestic scrap purchase quotations is supported by the uptrend of import scrap quotations, while some state that these revisions in prices are leading to some movement on the finished steel side.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

22.07.2020 

 22.07.2020

Çolakoğlu

 

 

 

 

DKP

1,975

288

+35

+5

Ekstra

1,830

267

+35

+5

Kroman

 

 

 

 

DKP

1,850

270

+20

+3

Ekstra

1,795

262

+55

+8

İsdemir

 

 

 

 

DKP

1,885

275

0

0

Ekstra

1,880

274

0

0

Asil Çelik

 

 

 

 

DKP

1,940

283

+35

+5

Ekstra

1,735

253

+35

+5

IDÇ

 

 

 

 

DKP

1,705

249

0

0

Ekstra

1,685

246

0

0

Erdemir

 

 

 

 

DKP

1,995

291

0

0

Ekstra

1,990

291

0

0

Koç Metalürji

 

 

 

 

DKP

1,840

269

+20

+3

Ekstra

1,590

232

+20

+3

Diler Dış Tic.

 

 

 

 

DKP

1,920

280

+30

+4

Ekstra

1,820

266

+30

+4

Baştuğ

 

 

 

 

Ekstra

1,540

225

0

0

Sıddık

 

 

 

 

DKP

1,820

266

0

0

Ekstra

1,770

258

0

0

Ege Çelik

 

 

 

 

DKP

1,840

269

0

0

Ekstra

1,725

252

0

0

Mescier

 

 

 

 

DKP

1,760

257

0

0

Ekstra

1,740

254

0

0

Cansan

 

 

 

 

Ekstra

1,590

232

+20

+3

Kardemir

 

 

 

 

DKP

2,045

299

0

0

Ekstra

1,885

275

0

0

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

$1 = TRY 6.85

AyçaÖzbay
Ayça Özbay
Editor
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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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