10,862.14 TRY BIST 100 BIST 100
36.68 USD USD USD
5.10 CNY CNY CNY
39.95 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
37.09 TRY Interest Interest
71.40 USD Fossil Oil Fossil Oil
33.92 USD Silver Silver
4.97 USD Copper Copper
102.49 USD Iron Ore Iron Ore
355.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,550.80 TRY Gold (gr) Gold (gr)

Current situation in Türkiye's imported scrap market

Türkiye's imported scrap prices rise, demand continues.

Current situation in Türkiye's imported scrap market

Türkiye's imported scrap prices have increased, reaching $380/t CFR Türkiye for HMS 80:20 and $400/t CFR Türkiye for bonus scrap, driven by rising collection costs, the strengthening of the Euro against the US dollar, and additional tariffs imposed by the Trump administration on steel and aluminum. However, Turkish steel producers remain cautious due to weak final steel demand. Despite this, some purchases have been made, reflecting ongoing stock replenishment demand. Turkish buyers are reportedly still continuing with shipments for April, while a few buyers have started arranging shipments for May.

Significant price movements were observed in scrap trading transactions last week. An agreement from the US to the Mediterranean region saw HMS 80:20 scrap sold at $380/t, while another US scrap seller sold 95:5 + Shred scrap at an average price of $395/t to the Mediterranean.

From the UK to the Aegean region, HMS 80:20 scrap was priced at $378/t, while in Germany, the same quality scrap was priced at $373/t for the Aegean region.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

US tariff policy leads to layoffs at Canadian companies

Tuesday, March 18, 2025

Iran's steel production and exports increased in the 11-month period

Tuesday, March 18, 2025

EU published new draft procedure for CBAM

Tuesday, March 18, 2025

İsdemir updated scrap purchase prices

Tuesday, March 18, 2025

European steel market analysis

Tuesday, March 18, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now