Turkish mills increase domestic scrap purchase quotations

Wednesday, 28 October 2020 13:56:21 (GMT+3)   |   Istanbul
       

It is observed that most Turkish mills have increased their domestic scrap purchase quotation amid the sharp depreciation of the Turkish lira against the US dollar. Despite the increases announced on lira basis by TRY 40-120/mt as compared to SteelOrbis’ report published on October 21, the dollar equivalents of the prices have mostly declined by 2-10$/mt with one exceptional sideways movement. The mills that decided to keep their domestic scrap purchase quotations stable has caused dollar-based prices to fall $12-16/mt.

As a result, the benchmark DKP grade scrap prices in Turkey are in the range of TRY 2,050-2,380/mt or $247-287/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

21.10.2020 

 21.10.2020

Çolakoğlu

 

 

 

 

DKP

2.380

287

+70

-8

Ekstra

2.205

266

+90

-4

Kroman

 

 

 

 

DKP

2.190

264

+120

0

Ekstra

2.150

259

+90

-3

İsdemir

 

 

 

 

DKP

2.120

256

0

-15

Ekstra

2.115

255

0

-15

Asil Çelik

 

 

 

 

DKP

2.380

287

+60

-9

Ekstra

2.130

257

+90

-3

IDÇ

 

 

 

 

DKP

2.150

259

+40

-10

Ekstra

2.130

257

+40

-10

Erdemir

 

 

 

 

DKP

2.360

285

0

-16

Ekstra

2.355

284

0

-16

Koç Metalürji

 

 

 

 

DKP

2.050

247

0

-14

Ekstra

1.800

217

0

-12

Diler Dış Tic.

 

 

 

 

DKP

2.305

278

+100

-3

Ekstra

2.205

266

+100

-3

Baştuğ

 

 

 

 

Ekstra

1.810

218

+40

-7

Sıddık

 

 

 

 

DKP

2.290

276

+105

-2

Ekstra

2.200

265

+95

-3

Ege Çelik

 

 

 

 

DKP

2.180

263

0

-15

Ekstra

2.080

251

0

-14

Mescier

 

 

 

 

DKP

2.165

261

+90

-4

Ekstra

2.145

259

+90

-3

Cansan

 

 

 

 

Ekstra

1.800

217

0

-12

Kardemir

 

 

 

 

DKP

2.345

283

0

-16

Ekstra

2.185

264

0

-15

 

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

$1 = TRY 8.29


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