Turkish producers’ domestic scrap procurement prices increase this week

Friday, 01 April 2022 17:31:15 (GMT+3)   |   Istanbul

Over the past week, some Turkish mills have increased their local scrap procurement prices by TRY 75-2,095/mt or $11-147/mt. The appreciation of the Turkish lira has contributed to the rises recorded in dollar-based prices. Meanwhile, some Turkish mills have just kept their quotations stable in the current week, resulting in a $5-6/mt increase in dollar-based prices.

 

With the price revisions done this week, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved from the TRY 7,575-9,705/mt to TRY 8,450-9,780/mt, while prices on US dollar basis have been revised from $511-654/mt to $575-666/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 25.03.2022

25.03.2022 

Çolakoğlu

 

 

 

 

DKP

9,705

661

0

6

Ekstra

9,180

625

0

6

Kroman

 

 

 

 

DKP

8,450

575

0

5

Ekstra

8,160

555

0

5

İsdemir

 

 

 

 

DKP

9,700

660

700

53

Ekstra

9,695

660

700

53

Asil Çelik

 

 

 

 

DKP

9,670

658

2,095

147

Ekstra

8,900

606

2,050

144

İDÇ

 

 

 

 

DKP

9,350

636

200

19

Ekstra

9,330

635

200

19

Erdemir

 

 

 

 

DKP

9,780

666

75

11

Ekstra

9,775

665

75

11

Diler Dış Tic.

 

 

 

 

DKP

8,900

606

0

6

Ekstra

8,730

594

0

6

Baştuğ

 

 

 

 

DKP

8,850

602

650

50

Ekstra

7,850

534

650

49

Sıddık

 

 

 

 

DKP

8,770

597

0

6

Ekstra

8,600

585

0

6

Ege Çelik

 

 

 

 

DKP

9,790

666

100

13

Ekstra

9,440

643

100

13

Mescier

 

 

 

 

DKP

8,900

606

0

6

Ekstra

8,700

592

0

6

Cansan

 

 

 

 

DKP

9,300

633

500

40

Ekstra

8,150

555

550

42

Kardemir

 

 

 

 

DKP

9,650

657

0

6

Ekstra

9,515

648

0

6

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 14.69

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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