Local Turkish DKP grade scrap prices remain stable

Monday, 22 February 2021 16:43:18 (GMT+3)   |   Istanbul
       

Some Turkish mills have increased their domestic scrap prices by TRY 70-100/mt or $6-11/mt since Thursday, February 18, while most producers have kept their prices stable, resulting in a $4/mt decrease in their dollar-based quotations, both depending on the buyer and the grade.

Accordingly, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained stable in the range of TRY 2,650-3,125/mt, while the dollar-based quotations have decreased from the range of $381-450/mt to $377-445/mt amid the depreciation of the Turkish lira against the major currencies.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

18.02.2021

18.02.2021 

Çolakoğlu

 

 

 

 

DKP

3,025

431

0

-4

Ekstra

2,810

400

0

-4

Kroman

 

 

 

 

DKP

2,860

407

0

-4

Ekstra

2,590

369

0

-4

İsdemir

 

 

 

 

DKP

2,965

422

0

-4

Ekstra

2,960

422

0

-4

Asil Çelik

 

 

 

 

DKP

3,025

431

0

-4

Ekstra

2,660

379

0

-4

IDÇ

 

 

 

 

DKP

2,650

377

0

-4

Ekstra

2,630

375

0

-4

Erdemir

 

 

 

 

DKP

3,025

431

0

-4

Ekstra

3,020

430

0

-4

Koç Metalürji

 

 

 

 

DKP

3,000

427

100

10

Ekstra

2,650

377

100

11

Diler Dış Tic,

 

 

 

 

DKP

2,900

413

100

10

Ekstra

2,800

399

100

10

Baştuğ

 

 

 

 

Ekstra

2,650

377

100

11

Sıddık

 

 

 

 

DKP

2,870

409

70

6

Ekstra

2,800

399

100

10

Ege Çelik

 

 

 

 

DKP

2,780

396

0

-4

Ekstra

2,650

377

0

-4

Mescier

 

 

 

 

DKP

2,770

395

100

10

Ekstra

2,750

392

100

10

Cansan

 

 

 

 

Ekstra

2,650

377

100

11

Kardemir

 

 

 

 

DKP

3,125

445

0

-4

Ekstra

2,940

419

0

-4

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 7.02

 

 


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