Turkish mills’ local scrap purchase prices mostly stable

Thursday, 03 October 2019 12:19:54 (GMT+3)   |   Istanbul
       

Domestic scrap purchase prices have mostly stabilized in Turkey, following the cautious optimism in the import segment. In particular, the latest two deals for ex-US scrap have been closed at a stable level in Turkey, resulting in upward expectations voiced by some players. As a result, in the local market only a few steel producers have decreased their purchase prices, reducing them by TRY 20-30/mt depending on the scrap grade and buyer, which translates to a drop of $3-5/mt in prices on US dollar basis. Sources do not expect any further fall in domestic prices, but the trend will mostly depend on the import situation, SteelOrbis understands. It is worth mentioning that Koc Metalurji has stopped placing orders for scrap in the local market as of September 28 due its scheduled maintenance.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

26.09.2019

26.09.2019

Çolakoğlu

 

 

 

 

P&S

1,430

252

0

0

HMS I

1,280

225

0

0

HMS I/II (70:30)

1,230

217

0

0

HMS I/II (50:50)

1,180

208

0

0

Turnings

980

173

0

0

Kroman

       

P&S

1,245

219

0

0

HMS I

1,225

216

0

0

HMS I/II (70:30)

1,185

209

0

0

HMS I/II (50:50)

1,035

182

0

0

HMS II

795

140

0

0

Turnings

795

140

0

0

İsdemir

       

P&S

1,365

240

0

0

HMS I

1,360

239

0

0

Bonus

1,225

216

0

0

HMS I/II (70:30)

1,135

200

0

0

Asil Çelik

       

P&S

1,390

245

0

0

HMS I

1,235

217

0

0

HMS I/II (70:30)

1,135

200

0

0

IDÇ

       

P&S

1,285

226

-20

-3

HMS I

1,265

223

-20

-3

Erdemir

       

P&S

1,450

255

0

0

HMS I

1,435

253

0

0

HMS I/II (70:30)

1,250

220

0

0

HMS I/II (50:50)

900

158

0

0

HMS II

600

106

0

0

Diler Dış Tic.

       

P&S

1,380

243

0

0

HMS I

1,250

220

0

0

HMS I/II (70:30)

1,150

202

0

0

HMS I/II (50:50)

1,050

185

0

0

HMS II

700

123

0

0

Baştuğ

       

HMS I

1,100

194

0

0

HMS I/II (70:30)

970

171

0

0

HMS I/II (50:50)

920

162

0

0

Sıddık

       

P&S

1,300

229

0

0

HMS I

1,250

220

0

0

HMS I/II (70:30)

1,150

202

0

0

HMS I/II (50:50)

1,050

185

0

0

HMS II

730

129

0

0

Ege Çelik

       

P&S

1,400

246

0

0

Bonus

1,325

233

0

0

HMS I

1,275

224

0

0

Mescier

       

P&S

1,290

227

0

0

HMS I

1,270

224

0

0

HMS I/II (70:30)

1,220

215

0

0

HMS I/II (50:50)

1,160

204

0

0

HMS II

750

132

0

0

Cansan

       

P&S

1,250

220

-30

-5

HMS I

1,050

185

-30

-5

HMS I/II (70:30)

1,050

185

-30

-5

Kardemir

       

P&S

1,595

281

0

0

HMS I

1,405

247

0

0

HMS I/II (70:30)

1,335

235

0

0

HMS I/II (50:50)

1,225

216

0

0

 

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

$1 = TRY 5.68


Most Recent Related Articles

Turkey sells second large HRC lot to China, prices sustained

Ex-UK scrap price edges up in new deal in Turkey

Prices inch up in latest ex-Baltic scrap transaction in Turkey

Scrap prices remain firm in Turkey in new deals from US, Baltic, EU

Some revisions in Turkish domestic scrap market