Turkish mills start to raise domestic scrap prices

Friday, 05 April 2024 08:53:13 (GMT+3)   |   Istanbul

Although the general range in Turkey’s domestic scrap market has remained stable over the past two weeks, several Turkish mills have increased their purchase prices to attract tonnages. Domestic scrap purchase prices have risen by TRY 150-350/mt or $4-12/mt. Due to the stability of the Turkish lira-US dollar exchange rate, the sideways movement on Turkish lira basis has resulted in little change in dollar-based prices.

The general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained unchanged at TRY 11,800-13,150/mt in the local currency. Dollar-based prices are now at $369-412/mt, from $368-411/mt before.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 22.03.2024

22.03.2024 

Çolakoğlu

 

 

 

 

DKP

12,705

398

150

6

Extra

12,180

381

150

6

Kroman

 

 

 

 

DKP

12,500

391

300

10

Extra

12,050

377

350

12

İsdemir

 

 

 

 

DKP

12,850

402

0

1

Extra

12,800

401

0

1

Asil Çelik

 

 

 

 

DKP

12,880

403

150

6

Extra

12,065

378

150

6

Erdemir

 

 

 

 

DKP

12,975

406

150

6

Extra

12,970

406

150

6

Koç Metalürji

 

 

 

 

DKP

12,500

391

0

1

Extra

10,200

319

0

1

Diler Dış Tic.

 

 

 

 

DKP

12,000

376

150

6

Extra

11,900

373

150

6

Baştuğ

 

 

 

 

DKP

12,500

391

0

1

Extra

8,000

250

0

1

Sıddık

 

 

 

 

DKP

12,000

376

150

6

Extra

11,900

373

150

6

Mescier

 

 

 

 

DKP

11,800

369

0

1

Extra

11,600

363

0

1

Cansan

 

 

 

 

DKP

12,700

398

100

4

Extra

10,400

326

100

4

Kardemir

 

 

 

 

DKP

13,150

412

0

1

Extra

12,915

404

0

1

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 31.94


Similar articles

US line pipe imports down 31.8 percent in October from September

23 Dec | Steel News

Local German scrap prices stable to low in December amid slow market

23 Dec | Scrap & Raw Materials

Global View on Scrap: Prices in Turkey stabilize ahead of holidays, Asia still moving down

20 Dec | Scrap & Raw Materials

Local Turkish scrap market remains stable on lira basis

20 Dec | Scrap & Raw Materials

Turkey’s import scrap market remains stable for now

20 Dec | Scrap & Raw Materials

Vietnam’s import scrap market moves down ahead of holiday season

20 Dec | Scrap & Raw Materials

South Korea’s POSCO continue bidding for Japanese scrap

20 Dec | Scrap & Raw Materials

Mexican domestic scrap prices - week 51, 2024

20 Dec | Scrap & Raw Materials

Japanese scrap offers to Taiwan soften, US absent due to holidays

20 Dec | Scrap & Raw Materials

Local Italian scrap prices adjusted down further, uncertain outlook for January

20 Dec | Scrap & Raw Materials