Today, May 6, almost every Turkish mill has raised its domestic scrap prices, with the revisions in the range of TRY 70-200/mt or $8-24/mt, depending on the grade. Two mills have kept their prices stable in local currency, with a sideways movement in their dollar prices. As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained stable at TRY 3,400-4,030/mt, while the dollar-based quotations are still at $407-483/mt. It is clear that the anticipated rises in the deep sea scrap segment are supporting the upward revisions in the local Turkish scrap market.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
05.05.2021 |
05.05.2021 |
|||
Çolakoğlu |
|
|
|
|
DKP |
3,925 |
470 |
150 |
18 |
Ekstra |
3,610 |
432 |
150 |
18 |
Kroman |
|
|
|
|
DKP |
3,710 |
444 |
160 |
19 |
Ekstra |
3,590 |
430 |
160 |
19 |
İsdemir |
|
|
|
|
DKP |
3,930 |
471 |
150 |
18 |
Ekstra |
3,925 |
470 |
150 |
18 |
Asil Çelik |
|
|
|
|
DKP |
3,935 |
471 |
160 |
19 |
Ekstra |
3,600 |
431 |
200 |
24 |
IDÇ |
|
|
|
|
DKP |
3,400 |
407 |
0 |
0 |
Ekstra |
3,380 |
405 |
0 |
0 |
Erdemir |
|
|
|
|
DKP |
3,985 |
477 |
150 |
18 |
Ekstra |
3,980 |
477 |
150 |
18 |
Koç Metalürji |
|
|
|
|
DKP |
3,750 |
449 |
0 |
0 |
Ekstra |
3,350 |
401 |
0 |
0 |
Diler Dış Tic. |
|
|
|
|
DKP |
3,670 |
440 |
150 |
18 |
Ekstra |
3,600 |
431 |
150 |
18 |
Baştuğ |
|
|
|
|
Ekstra |
3,750 |
449 |
150 |
18 |
Sıddık |
|
|
|
|
DKP |
3,650 |
437 |
150 |
18 |
Ekstra |
3,600 |
431 |
150 |
18 |
Ege Çelik |
|
|
|
|
DKP |
3,680 |
441 |
70 |
8 |
Ekstra |
3,500 |
419 |
70 |
8 |
Mescier |
|
|
|
|
DKP |
3,620 |
434 |
200 |
24 |
Ekstra |
3,600 |
431 |
200 |
24 |
Kardemir |
|
|
|
|
DKP |
4,030 |
483 |
0 |
0 |
Ekstra |
3,745 |
449 |
0 |
0 |
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 8.35