The sharp increase in Turkey’s import scrap market is pushing domestic scrap quotations up also. Producers have announced increases of TRY 125-650/mt or $2-19/mt in their scrap purchase prices over the past two weeks. The depreciation of the Turkish lira is also forcing Turkish mills to raise their TRY-based purchase prices.
While the general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved up from TRY 9,800-11,000/mt to TRY 10,300-11,450/mt, dollar-based quotations have increased from $342-384/mt to $356-396/mt.
|
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
|
17.11.2023 |
17.11.2023 |
|||
|
Çolakoğlu |
|
|
|
|
|
DKP |
11,155 |
386 |
600 |
18 |
|
Extra |
10,630 |
368 |
600 |
18 |
|
Kroman |
|
|
|
|
|
DKP |
10,700 |
370 |
600 |
18 |
|
Extra |
10,150 |
351 |
600 |
18 |
|
İsdemir |
|
|
|
|
|
DKP |
11,450 |
396 |
650 |
19 |
|
Extra |
11,400 |
394 |
650 |
19 |
|
Asil Çelik |
|
|
|
|
|
DKP |
11,255 |
389 |
600 |
17 |
|
Extra |
10,630 |
368 |
125 |
2 |
|
Erdemir |
|
|
|
|
|
DKP |
11,300 |
391 |
600 |
18 |
|
Extra |
11,295 |
391 |
600 |
18 |
|
Diler Dış Tic, |
|
|
|
|
|
DKP |
10,450 |
361 |
600 |
17 |
|
Extra |
10,100 |
349 |
600 |
18 |
|
Baştuğ |
|
|
|
|
|
DKP |
11,200 |
387 |
600 |
17 |
|
Extra |
6,000 |
208 |
500 |
16 |
|
Sıddık |
|
|
|
|
|
DKP |
10,450 |
361 |
600 |
17 |
|
Extra |
10,100 |
349 |
600 |
18 |
|
Mescier |
|
|
|
|
|
DKP |
10,300 |
356 |
500 |
14 |
|
Extra |
10,100 |
349 |
500 |
14 |
|
Cansan |
|
|
|
|
|
DKP |
11,300 |
391 |
600 |
18 |
|
Extra |
8,900 |
308 |
400 |
12 |
|
Kardemir |
|
|
|
|
|
DKP |
11,400 |
394 |
400 |
10 |
|
Extra |
11,165 |
386 |
400 |
11 |
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 28.91