While some Turkish mills have reduced their domestic scrap purchase prices today, November 12, others have kept their quotations stable, all compared to the levels shared in SteelOrbis’ report published on November 10. This downtrend is the result of the strong fluctuations of the Turkish lira-US dollar exchange rate, which today is showing a further recovery of the lira.
Some mills have decided to cut their lira-based quotations by TRY 10-70/mt, which has resulted in a $12-21/mt increase in these steelmakers’ dollar-based quotations. As for the other Turkish steelmakers, while their domestic scrap purchase prices on lira basis have remained stable, their dollar-equivalent prices have increased by $18-24/mt.
Accordingly, the benchmark DKP grade scrap quotations in Turkey are still in the range of TRY 2,240-2,570/mt, but have increased from $271-311/mt recorded on November 10 to $292-335/mt.
|
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
|
10.11.2020 |
10.11.2020 |
|||
|
Çolakoğlu |
|
|
|
|
|
DKP |
2,455 |
320 |
0 |
+23 |
|
Ekstra |
2,280 |
297 |
0 |
+22 |
|
Kroman |
|
|
|
|
|
DKP |
2,280 |
297 |
-20 |
+19 |
|
Ekstra |
2,210 |
288 |
-20 |
+18 |
|
İsdemir |
|
|
|
|
|
DKP |
2,345 |
306 |
0 |
+22 |
|
Ekstra |
2,340 |
305 |
0 |
+22 |
|
Asil Çelik |
|
|
|
|
|
DKP |
2,455 |
320 |
0 |
+23 |
|
Ekstra |
2,205 |
287 |
0 |
+21 |
|
IDÇ |
|
|
|
|
|
DKP |
2,250 |
293 |
0 |
+21 |
|
Ekstra |
2,230 |
291 |
0 |
+21 |
|
Erdemir |
|
|
|
|
|
DKP |
2,505 |
327 |
0 |
+24 |
|
Ekstra |
2,500 |
326 |
0 |
+24 |
|
Koç Metalürji |
|
|
|
|
|
DKP |
2,250 |
293 |
0 |
+21 |
|
Ekstra |
2,000 |
261 |
0 |
+19 |
|
Diler Dış Tic. |
|
|
|
|
|
DKP |
2,380 |
310 |
0 |
+23 |
|
Ekstra |
2,280 |
297 |
0 |
+22 |
|
Baştuğ |
|
|
|
|
|
Ekstra |
1,900 |
248 |
0 |
+18 |
|
Sıddık |
|
|
|
|
|
DKP |
2,290 |
299 |
-70 |
+13 |
|
Ekstra |
2,210 |
288 |
-70 |
+12 |
|
Ege Çelik |
|
|
|
|
|
DKP |
2,320 |
302 |
-10 |
21 |
|
Ekstra |
2,220 |
289 |
-10 |
20 |
|
Mescier |
|
|
|
|
|
DKP |
2,240 |
292 |
0 |
+21 |
|
Ekstra |
2,220 |
289 |
0 |
+21 |
|
Cansan |
|
|
|
|
|
Ekstra |
1,950 |
254 |
0 |
+18 |
|
Kardemir |
|
|
|
|
|
DKP |
2,570 |
335 |
0 |
+24 |
|
Ekstra |
2,410 |
314 |
0 |
+23 |
All above prices are for deliveries to customer and exclude VAT.
$1 = TRY 7.67