Since SteelOrbis’ report published on Friday, December 3, most Turkish mills have increased their domestic scrap procurement prices by TRY 130-500/mt or $9-36/mt. While others have mainly kept their prices stable on both Turkish lira and US dollar basis, one Izmir-based producer has reduced its price by TRY 50/mt or $4/mt. With the recent changes in prices, the upper end of the price range has exceeded the TRY 7,000/mt threshold for the first time in the last 15 years. Since the start of 2021, average domestic DKP prices in Turkey have increased by around 85 percent.
As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has increased from TRY 5,700-6,580/mt to TRY 5,700-7,050/mt, while on US dollar basis prices have been revised from $414-478/mt to $414-512/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
3.12.2021 |
3.12.2021 |
|||
Çolakoğlu |
|
|
|
|
DKP |
6,705 |
487 |
150 |
11 |
Ekstra |
6,280 |
456 |
150 |
11 |
Kroman |
|
|
|
|
DKP |
6,600 |
479 |
150 |
11 |
Ekstra |
6,280 |
456 |
150 |
11 |
İsdemir |
|
|
|
|
DKP |
5,900 |
428 |
0 |
0 |
Ekstra |
5,895 |
428 |
0 |
0 |
Asil Çelik |
|
|
|
|
DKP |
6,730 |
489 |
150 |
11 |
Ekstra |
6,250 |
454 |
150 |
11 |
İDÇ |
|
|
|
|
DKP |
5,700 |
414 |
-50 |
-4 |
Ekstra |
5,680 |
412 |
-50 |
-4 |
Erdemir |
|
|
|
|
DKP |
6,835 |
496 |
450 |
33 |
Ekstra |
6,830 |
496 |
450 |
33 |
Diler Dış Tic. |
|
|
|
|
DKP |
6,380 |
463 |
150 |
11 |
Ekstra |
6,280 |
456 |
150 |
11 |
Baştuğ |
|
|
|
|
DKP |
6,000 |
436 |
300 |
22 |
Ekstra |
5,600 |
407 |
400 |
29 |
Sıddık |
|
|
|
|
DKP |
6,380 |
463 |
150 |
11 |
Ekstra |
6,280 |
456 |
150 |
11 |
Ege Çelik |
|
|
|
|
DKP |
6,470 |
470 |
130 |
9 |
Ekstra |
6,050 |
439 |
130 |
9 |
Mescier |
|
|
|
|
DKP |
5,750 |
418 |
0 |
0 |
Ekstra |
5,600 |
407 |
0 |
0 |
Cansan |
|
|
|
|
DKP |
6,450 |
468 |
250 |
18 |
Ekstra |
5,850 |
425 |
250 |
18 |
Kardemir |
|
|
|
|
DKP |
7,050 |
512 |
500 |
36 |
Ekstra |
6,815 |
495 |
500 |
36 |
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 13.68