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13 Jul
16:24

Turkish mills raise domestic scrap prices

Turkish mills have continued raising domestic scrap buying prices this week, while the increasing trend in scrap import prices has stalled, Kallanish notes. Scrap-based long and flat steelmaker Colakoglu Metalurji has raised its auto-bundle (DKP) purchasing price to TRY 1,030/tonne ($288/t), effective 14 July, up TRY 50/t from TRY 980/t set on 11 July. Integrated long steelmaker Erdemir has lifted its buying price to TRY 1,085/t from 13 July, up TRY…
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