Two Turkish mills cut their domestic scrap purchase prices

Thursday, 22 April 2021 14:34:12 (GMT+3)   |   Istanbul

Today, April 22, two integrated Turkish mills have decreased their domestic scrap purchase prices by TRY 30/mt or $7-8/mt, depending on the grade. While other mills have kept their prices stable in the local currency, their dollar-based prices have declined by $1-4/mt due to the Turkish lira losing strength against major currencies.

The general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained unchanged at TRY 2,950-3,730/mt, while the dollar-based quotations have moved down from the range of $361-456/mt to $357-452/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

21.04.2021 

21.04.2021 

Çolakoğlu

 

 

 

 

DKP

3,525

427

0

-4

Ekstra

3,310

401

0

-4

Kroman

 

 

 

 

DKP

3,230

391

0

-4

Ekstra

3,130

379

0

-4

İsdemir

 

 

 

 

DKP

3,430

415

-30

-8

Ekstra

3,425

415

-30

-8

Asil Çelik

 

 

 

 

DKP

3,515

426

0

-4

Ekstra

3,225

390

0

-4

IDÇ

 

 

 

 

DKP

2,950

357

0

-3

Ekstra

2,930

355

0

-3

Erdemir

 

 

 

 

DKP

3,585

434

-30

-8

Ekstra

3,580

433

-30

-8

Koç Metalürji

 

 

 

 

DKP

3,150

381

0

-4

Ekstra

2,750

333

0

-3

Diler Dış Tic,

 

 

 

 

DKP

3,270

396

0

-4

Ekstra

3,200

387

0

-4

Baştuğ

 

 

 

 

Ekstra

2,900

351

0

-3

Sıddık

 

 

 

 

DKP

3,270

396

0

-4

Ekstra

3,200

387

0

-4

Ege Çelik

 

 

 

 

DKP

3,230

391

0

-4

Ekstra

3,050

369

0

-4

Mescier

 

 

 

 

DKP

3,220

390

0

-4

Ekstra

3,200

387

0

-4

Cansan

 

 

 

 

Ekstra

2,800

339

0

-3

Kardemir

 

 

 

 

DKP

3,730

452

0

-4

Ekstra

3,545

429

0

-4

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 8.26

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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