Turkish mills have followed diverse pricing strategies in regard to their domestic scrap purchase prices over the past week. Two producers have cut their prices by TRY 150-600/mt or $3-18/mt, while one producer has increased its price by TRY 200-350/mt or $5-10/mt. Other producers have kept their prices in the local currency unchanged over the past week, with a stability or a $1/mt decline mostly seen in their US dollar-based prices.
Despite the revisions, the general range in the local Turkish scrap market for the benchmark DKP grade scrap is still at TRY 11,800-13,150/mt in the local currency, unchanged week on week. The dollar-based quotations have also moved sideways, at $343-383/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
8.11.2024 |
8.11.2024 |
|||
Çolakoğlu |
|
|
|
|
DKP |
12,705 |
369 |
0 |
-1 |
Extra |
12,180 |
354 |
0 |
-1 |
Kroman |
|
|
|
|
DKP |
12,350 |
359 |
0 |
-1 |
Extra |
11,900 |
346 |
0 |
-1 |
İsdemir |
|
|
|
|
DKP |
12,150 |
353 |
-150 |
-5 |
Extra |
12,100 |
352 |
-150 |
-5 |
Asil Çelik |
|
|
|
|
DKP |
12,675 |
368 |
200 |
5 |
Extra |
12,115 |
352 |
350 |
10 |
Erdemir |
|
|
|
|
DKP |
12,875 |
374 |
0 |
-1 |
Extra |
12,870 |
374 |
0 |
-1 |
Diler Dış Tic. |
|
|
|
|
DKP |
11,850 |
344 |
0 |
-1 |
Extra |
11,750 |
341 |
0 |
0 |
Sıddık |
|
|
|
|
DKP |
11,850 |
344 |
0 |
-1 |
Extra |
11,750 |
341 |
0 |
0 |
Ege Çelik |
|
|
|
|
DKP |
12,750 |
370 |
0 |
-1 |
Extra |
12,500 |
363 |
0 |
-1 |
Mescier |
|
|
|
|
DKP |
11,800 |
343 |
0 |
0 |
Extra |
11,600 |
337 |
0 |
0 |
Cansan |
|
|
|
|
DKP |
12,200 |
354 |
-100 |
-3 |
Extra |
8,800 |
256 |
-600 |
-18 |
Kardemir |
|
|
|
|
DKP |
13,150 |
382 |
0 |
-1 |
Extra |
12,915 |
375 |
0 |
-1 |
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 34.42