Since SteelOrbis’ report published on Monday, October 25, some Turkish producers have increased their domestic scrap purchase prices by significant margins of TRY 120-300/mt, with a $13-31/mt increase in the dollar-based equivalents. The other Turkish mills that kept their prices stable in the local currency also kept their dollar-based prices stable.
As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has increased from TRY 4,150-4,935/mt to TRY 4,150-5,085/mt, while on US dollar basis they are standing at $434-531/mt, versus $429-510/mt, compared to October 25.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
25.10.2021 |
25.10.2021 |
|||
Çolakoğlu |
|
|
|
|
DKP |
4,955 |
518 |
150 |
16 |
Ekstra |
4,530 |
473 |
150 |
16 |
Kroman |
|
|
|
|
DKP |
4,780 |
499 |
150 |
16 |
Ekstra |
4,510 |
471 |
150 |
16 |
İsdemir |
|
|
|
|
DKP |
4,325 |
452 |
0 |
0 |
Ekstra |
4,320 |
451 |
0 |
0 |
Asil Çelik |
|
|
|
|
DKP |
4,980 |
520 |
150 |
16 |
Ekstra |
4,370 |
457 |
150 |
16 |
İDÇ |
|
|
|
|
DKP |
4,150 |
434 |
0 |
0 |
Ekstra |
4,130 |
432 |
0 |
0 |
Erdemir |
|
|
|
|
DKP |
5,085 |
531 |
150 |
16 |
Ekstra |
5,080 |
531 |
150 |
16 |
Diler Dış Tic. |
|
|
|
|
DKP |
4,580 |
479 |
150 |
16 |
Ekstra |
4,530 |
473 |
150 |
16 |
Baştuğ |
|
|
|
|
DKP |
4,300 |
449 |
0 |
0 |
Ekstra |
3,800 |
397 |
0 |
0 |
Sıddık |
|
|
|
|
DKP |
4,550 |
475 |
120 |
13 |
Ekstra |
4,500 |
470 |
120 |
13 |
Ege Çelik |
|
|
|
|
DKP |
4,810 |
503 |
0 |
0 |
Ekstra |
4,370 |
457 |
0 |
0 |
Mescier |
|
|
|
|
DKP |
4,520 |
472 |
300 |
31 |
Ekstra |
4,370 |
457 |
170 |
18 |
Cansan |
|
|
|
|
DKP |
4,500 |
470 |
0 |
0 |
Ekstra |
3,900 |
408 |
0 |
0 |
Kardemir |
|
|
|
|
DKP |
5,050 |
528 |
150 |
16 |
Ekstra |
4,815 |
503 |
150 |
16 |
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 9.57