Most Turkish mills have announced further decreases in their domestic scrap purchase prices today, February 1, as compared to the levels recorded at the end of last week, with lira-based prices down TRY 50-100/mt, resulting in diverse trends for the dollar equivalents. Dollar-based prices for some grades have remained stable, while dollar prices of other grades have increased by $1-2 or declined by $4-6/mt. The dollar-based quotations of the other mills which decided to keep their lira-based prices stable have increased by $7-8/mt as the Turkish lira has gained significant strength against the US dollar.
Since Friday, January 29, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved down from TRY 2,850-3,325/mt to TRY 2,800-3,325/mt, while the dollar-based quotations have moved up from the range of $389-454/mt to $390-463/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
29.01.2021 |
29.01.2021 |
|||
Çolakoğlu |
|
|
|
|
DKP |
3,200 |
446 |
-50 |
2 |
Ekstra |
2,965 |
413 |
-50 |
1 |
Kroman |
|
|
|
|
DKP |
3,075 |
428 |
-90 |
-4 |
Ekstra |
2,815 |
392 |
-90 |
-5 |
İsdemir |
|
|
|
|
DKP |
3,040 |
423 |
-50 |
1 |
Ekstra |
3,035 |
423 |
-50 |
1 |
Asil Çelik |
|
|
|
|
DKP |
3,200 |
446 |
-50 |
2 |
Ekstra |
2,815 |
392 |
-50 |
1 |
IDÇ |
|
|
|
|
DKP |
2,860 |
398 |
-90 |
-5 |
Ekstra |
2,840 |
396 |
-90 |
-5 |
Erdemir |
|
|
|
|
DKP |
3,250 |
453 |
-50 |
2 |
Ekstra |
3,245 |
452 |
-50 |
2 |
Koç Metalürji |
|
|
|
|
DKP |
2,800 |
390 |
-50 |
1 |
Ekstra |
2,500 |
348 |
-50 |
0 |
Diler Dış Tic, |
|
|
|
|
DKP |
3,040 |
423 |
-50 |
1 |
Ekstra |
2,920 |
407 |
-50 |
1 |
Baştuğ |
|
|
|
|
Ekstra |
2,600 |
362 |
0 |
7 |
Sıddık |
|
|
|
|
DKP |
2,900 |
404 |
-50 |
1 |
Ekstra |
2,840 |
396 |
-50 |
1 |
Ege Çelik |
|
|
|
|
DKP |
3,110 |
433 |
0 |
8 |
Ekstra |
2,980 |
415 |
0 |
8 |
Mescier |
|
|
|
|
DKP |
2,870 |
400 |
-100 |
-6 |
Ekstra |
2,850 |
397 |
-100 |
-6 |
Cansan |
|
|
|
|
Ekstra |
2,500 |
348 |
-50 |
0 |
Kardemir |
|
|
|
|
DKP |
3,325 |
463 |
0 |
9 |
Ekstra |
3,140 |
437 |
0 |
8 |
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 7.18
