Turkish mills’ local scrap procurement prices mostly stable, despite some adjustments

Friday, 27 January 2023 17:50:21 (GMT+3)   |   Istanbul

Most Turkish mills have kept their local scrap purchase prices stable over the past week, while a few announced adjustments. The stable TRY-based quotations have resulted in a sideways movement in dollar-based prices as the TRY-US dollar exchange rate remained unchanged. The decline was by TRY 150/mt or $8/mt, while only one mill increased its prices by TRY 200/mt or $11/mt.

The general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained stable at the range of TRY 6,700- 8,300/mt ($356-441/mt).

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

20.01.2023 

20.01.2023 

Çolakoğlu

 

 

 

 

DKP

7,730

411

0

0

Extra

7,205

383

0

0

Kroman

 

 

 

 

DKP

7,630

406

0

0

Extra

7,205

383

0

0

İsdemir

 

 

 

 

DKP

7,580

403

0

0

Extra

7,575

403

0

0

Asil Çelik

 

 

 

 

DKP

7,780

414

0

0

Extra

7,200

383

0

0

İDÇ

 

 

 

 

DKP

7,350

391

0

0

Extra

7,330

390

0

0

Erdemir

 

 

 

 

DKP

7,830

416

-150

-8

Extra

7,825

416

-150

-8

Diler Dış Tic.

 

 

 

 

DKP

7,550

402

0

0

Extra

7,200

383

0

0

Baştuğ

 

 

 

 

DKP

7,600

404

0

0

Extra

5,200

277

0

0

Sıddık

 

 

 

 

DKP

7,200

383

0

0

Extra

6,900

367

0

0

Ege Çelik

 

 

 

 

DKP

7,820

416

0

0

Extra

7,420

395

0

0

Mescier

 

 

 

 

DKP

6,700

356

0

0

Extra

6,500

346

0

0

Cansan

 

 

 

 

DKP

7,550

402

200

11

Extra

6,400

340

200

11

Kardemir

 

 

 

 

DKP

8,300

441

0

0

Extra

8,065

429

0

0

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.

$1 = TRY 18.80

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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