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
