Most Turkish mills have announced a further softening in their domestic scrap purchase prices today, February 5, with decreases in the range of TRY 50-150/mt, resulting in a $1-17/mt decrease on dollar basis as compared to Wednesday (February 3). Due to the sharp appreciation of the Turkish lira against the US dollar, the dollar-based quotations of the other mills which decided to keep their lira-based prices stable have increased by $4-6/mt.
Since Wednesday, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved down from TRY 2,700-3,275/mt to TRY 2,640-3,125/mt, while the dollar-based quotations have moved down from the range of $377-457/mt to $373-442/mt.
Meanwhile, market sources state that the downtrend observed in the local Turkish scrap market for some time now is almost at an end.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
03.02.2021 |
03.02.2021 |
|||
Çolakoğlu |
|
|
|
|
DKP |
3,095 |
438 |
0 |
+6 |
Ekstra |
2,860 |
405 |
0 |
+5 |
Kroman |
|
|
|
|
DKP |
2,835 |
401 |
-115 |
-11 |
Ekstra |
2,540 |
359 |
-125 |
-13 |
İsdemir |
|
|
|
|
DKP |
2,885 |
408 |
-50 |
-2 |
Ekstra |
2,880 |
407 |
-50 |
-2 |
Asil Çelik |
|
|
|
|
DKP |
3,045 |
431 |
-50 |
-2 |
Ekstra |
2,660 |
376 |
-50 |
-2 |
IDÇ |
|
|
|
|
DKP |
2,650 |
375 |
-50 |
-2 |
Ekstra |
2,630 |
372 |
-50 |
-2 |
Erdemir |
|
|
|
|
DKP |
3,095 |
438 |
-50 |
-1 |
Ekstra |
3,090 |
437 |
-50 |
-1 |
Koç Metalürji |
|
|
|
|
DKP |
2,650 |
375 |
-150 |
-16 |
Ekstra |
2,350 |
332 |
-150 |
-17 |
Diler Dış Tic, |
|
|
|
|
DKP |
2,810 |
397 |
-125 |
-12 |
Ekstra |
2,690 |
380 |
-125 |
-13 |
Baştuğ |
|
|
|
|
Ekstra |
2,350 |
332 |
0 |
+4 |
Sıddık |
|
|
|
|
DKP |
2,640 |
373 |
-100 |
-9 |
Ekstra |
2,580 |
365 |
-100 |
-9 |
Ege Çelik |
|
|
|
|
DKP |
2,750 |
389 |
-90 |
-8 |
Ekstra |
2,620 |
371 |
-90 |
-8 |
Mescier |
|
|
|
|
DKP |
2,670 |
378 |
-100 |
-9 |
Ekstra |
2,650 |
375 |
-100 |
-9 |
Cansan |
|
|
|
|
Ekstra |
2,350 |
332 |
0 |
+4 |
Kardemir |
|
|
|
|
DKP |
3,125 |
442 |
-150 |
-15 |
Ekstra |
2,940 |
416 |
-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 7.07
