Turkish mills’ domestic scrap purchase prices stable in liras, but down again in US dollars

Thursday, 29 August 2019 12:02:53 (GMT+3)   |   Istanbul
       

Turkish steel mills have kept their domestic scrap purchase prices in the national currency stable compared to last week. But at the same time, the US dollar equivalent of prices has declined by $3-6/mt depending on the producer and the steel scrap grade as the exchange rate has increased to TRY 5.83 to the dollar as of August 29. Market sentiments have remained bearish in the local scrap market in Turkey due to overall slower consumption and the downtrend in the import scrap market.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

15.08.2019

15.08.2019

Colakoglu

 

 

 

 

P&S

1,770

304

0

-5

HMS I

1,590

273

0

-4

HMS I/II (70:30)

1,560

268

0

-4

HMS I/II (50:50)

1,475

253

0

-4

Turnings

1,275

219

0

-3

Kroman

       

P&S

1,505

258

-10

-6

HMS I

1,470

252

-10

-6

HMS I/II (70:30)

1,455

250

-10

-6

HMS I/II (50:50)

1,305

224

-10

-5

HMS II

1,070

184

-10

-5

Turnings

1,070

184

-10

-5

İsdemir

       

P&S

1,600

274

0

-4

HMS I

1,565

268

0

-4

Bonus

1,470

252

0

-4

HMS I/II (70:30)

1,350

232

0

-4

Asil Celik

       

P&S

1,750

300

0

-5

HMS I

1,570

269

0

-4

HMS I/II (70:30)

1,465

251

0

-4

IDÇ

       

P&S

1,580

271

+40

+3

HMS I

1,560

268

+40

+3

Erdemir

       

P&S

1,790

307

0

-5

HMS I

1,785

306

0

-5

HMS I/II (70:30)

1,610

276

0

-4

HMS I/II (50:50)

900

154

0

-2

HMS II

600

103

0

-2

Diler Dış Tic.

       

P&S

1,650

283

0

-4

HMS I

1,500

257

0

-4

HMS I/II (70:30)

1,400

240

0

-4

HMS I/II (50:50)

1,300

223

0

-3

HMS II

950

163

0

-3

Baştuğ

       

HMS I

1,300

223

0

-3

HMS I/II (70:30)

1,200

206

0

-3

HMS I/II (50:50)

1,150

197

0

-3

Sıddık

       

P&S

1,550

266

0

-4

HMS I

1,450

249

0

-4

HMS I/II (70:30)

1,380

237

0

-4

HMS I/II (50:50)

1,280

220

0

-3

Ege Celik

       

P&S

1,740

298

+45

+3

Bonus

1,670

286

+75

+9

HMS I

1,620

278

75

+9

Kardemir

       

P&S

1,960

336

0

-5

HMS I

1,760

302

0

-5

HMS I/II (70:30)

1,710

293

0

-5

HMS I/II (50:50)

1,580

271

0

-4

 

$1 = TRY 5.83


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