Turkish mills push up their domestic scrap purchase prices

Monday, 23 November 2020 16:18:39 (GMT+3)   |   Istanbul

Today, November 23, most Turkish mills have increased their domestic scrap purchase prices by TRY 50-160/mt or $6-21/mt as compared to the levels on November 17, while other producers’ decision to keep their prices on lira basis stable has resulted in a sideways movement of their dollar-based prices. The increases announced today are in line with the rising trend observed in the deep sea scrap segment and have been made to maintain the flow of scrap.

However, the changes made in the local Turkish scrap market have made no difference to the general range of benchmark DKP grade scrap quotations which is still in the range of TRY 2,240-2,570/mt or $288-331/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 17.11.2020

17.11.2020 

Çolakoğlu

 

 

 

 

DKP

2,545

328

+90

+12

Ekstra

2,370

305

+90

+12

Kroman

 

 

 

 

DKP

2,400

309

+150

+19

Ekstra

2,325

299

+145

+19

İsdemir

 

 

 

 

DKP

2,405

310

0

0

Ekstra

2,400

309

0

0

Asil Çelik

 

 

 

 

DKP

2,545

328

+90

+12

Ekstra

2,325

299

+120

+15

IDÇ

 

 

 

 

DKP

2,250

290

0

0

Ekstra

2,230

287

0

0

Erdemir

 

 

 

 

DKP

2,505

322

0

0

Ekstra

2,500

322

0

0

Koç Metalürji

 

 

 

 

DKP

2,250

290

0

0

Ekstra

2,000

257

0

0

Diler Dış Tic.

 

 

 

 

DKP

2,470

318

+140

+18

Ekstra

2,370

305

+140

+18

Baştuğ

 

 

 

 

Ekstra

2,200

283

0

0

Sıddık

 

 

 

 

DKP

2,450

315

+160

+21

Ekstra

2,350

302

+140

+18

Ege Çelik

 

 

 

 

DKP

2,425

312

+100

+13

Ekstra

2,325

299

+100

+13

Mescier

 

 

 

 

DKP

2,240

288

0

0

Ekstra

2,220

286

0

0

Cansan

 

 

 

 

Ekstra

2,050

264

+50

+6

Kardemir

 

 

 

 

DKP

2,570

331

0

0

Ekstra

2,410

310

0

0

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

$1 = TRY 7.77

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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