Since SteelOrbis’ report published on May 20, most Turkish mills have decreased their local scrap purchase prices by TRY 30-160/mt or $5-20/mt. Two producers’ prices have increased in this period by TRY 320-470/mt or $37-55/mt, and some other mills have kept their local currency prices unchanged with a $1/mt decrease in their dollar prices. As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved up on the lower end from TRY 3,400-4,530 to TRY 3,680-4,530/mt, while the dollar-based quotations have moved from $406-541/mt to $439-540/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
20.05.2021 |
20.05.2021 |
|||
Çolakoğlu |
|
|
|
|
DKP |
4,225 |
504 |
0 |
-1 |
Ekstra |
3,910 |
466 |
0 |
-1 |
Kroman |
|
|
|
|
DKP |
3,910 |
466 |
-100 |
-13 |
Ekstra |
3,790 |
452 |
-100 |
-13 |
İsdemir |
|
|
|
|
DKP |
4,130 |
492 |
-100 |
-13 |
Ekstra |
4,125 |
492 |
-100 |
-13 |
Asil Çelik |
|
|
|
|
DKP |
4,250 |
507 |
-50 |
-7 |
Ekstra |
3,880 |
462 |
-30 |
-5 |
IDÇ |
|
|
|
|
DKP |
3,870 |
461 |
470 |
55 |
Ekstra |
3,850 |
459 |
470 |
55 |
Erdemir |
|
|
|
|
DKP |
4,285 |
511 |
0 |
-1 |
Ekstra |
4,280 |
510 |
0 |
-1 |
Koç Metalürji |
|
|
|
|
DKP |
3,850 |
459 |
-150 |
-19 |
Ekstra |
3,400 |
405 |
-150 |
-19 |
Diler Dış Tic. |
|
|
|
|
DKP |
3,870 |
461 |
-100 |
-13 |
Ekstra |
3,800 |
453 |
-100 |
-13 |
Sıddık |
|
|
|
|
DKP |
3,790 |
452 |
-160 |
-20 |
Ekstra |
3,740 |
446 |
-160 |
-20 |
Ege Çelik |
|
|
|
|
DKP |
4,110 |
490 |
430 |
50 |
Ekstra |
3,820 |
455 |
320 |
37 |
Mescier |
|
|
|
|
DKP |
3,870 |
461 |
-100 |
-13 |
Ekstra |
3,850 |
459 |
-100 |
-13 |
Kardemir |
|
|
|
|
DKP |
4,530 |
540 |
0 |
-1 |
Ekstra |
4,245 |
506 |
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 8.39
