Two Turkish mills increase domestic scrap purchase prices

Thursday, 18 June 2020 17:14:20 (GMT+3)   |   Istanbul

SteelOrbis has observed that two more mills have decided to follow the recent trend in the local Turkish scrap market and raise their purchase prices by TRY 20-50/mt, which has been reflected as a $3-7/mt rise in their dollar-based quotations. As the Turkish lira-Us dollar exchange rate has indicated only a very small change, the dollar-based prices of the mills that kept their quotations on lira basis stable have also remained unchanged. 

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

17.06.2020 

 17.06.2020

Diler Dış Tic.

 

 

 

 

DKP

1,900

277

+20

+3

Ekstra

1,820

265

+50

+7

Sıddık

 

 

 

 

DKP

1,870

273

+40

+5

Ekstra

1,820

265

+50

+7

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

$1 = TRY 6.86

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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