Today, August 20, some Turkish mills have decreased their domestic scrap purchase prices by TRY 50-120/mt, depending on grades, resulting in a $8-17/mt reduction in their dollar-based quotations with the support of the depreciation of the Turkish lira against major currencies. Other steelmakers have just kept their quotations stable in the local currency, which resulted in a $2-3/mt decrease in their dollar-based prices.
The general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved down from TRY 3,670-4,305/mt to TRY 3,600-4,305/mt, while the dollar-based quotations moved from $433-508/mt to $423-505/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
18.08.2021 |
18.08.2021 |
|||
Çolakoğlu |
|
|
|
|
DKP |
4,280 |
502 |
0 |
-3 |
Ekstra |
3,925 |
461 |
0 |
-3 |
Kroman |
|
|
|
|
DKP |
3,800 |
446 |
-50 |
-9 |
Ekstra |
3,600 |
423 |
-50 |
-8 |
İsdemir |
|
|
|
|
DKP |
4,005 |
470 |
0 |
-3 |
Ekstra |
4,000 |
469 |
0 |
-3 |
Asil Çelik |
|
|
|
|
DKP |
4,305 |
505 |
0 |
-3 |
Ekstra |
3,850 |
452 |
0 |
-3 |
İDÇ |
|
|
|
|
DKP |
3,750 |
440 |
-120 |
-17 |
Ekstra |
3,730 |
438 |
-120 |
-17 |
Erdemir |
|
|
|
|
DKP |
4,280 |
502 |
0 |
-3 |
Ekstra |
4,275 |
502 |
0 |
-3 |
Koç Metalürji |
|
|
|
|
DKP |
3,850 |
452 |
0 |
-3 |
Ekstra |
2,800 |
329 |
0 |
-2 |
Diler Dış Tic. |
|
|
|
|
DKP |
3,600 |
423 |
-100 |
-14 |
Ekstra |
3,550 |
417 |
-100 |
-14 |
Baştuğ |
|
|
|
|
|
2,900 |
340 |
0 |
-2 |
Sıddık |
|
|
|
|
DKP |
3,700 |
434 |
0 |
-3 |
Ekstra |
3,650 |
428 |
0 |
-3 |
Ege Çelik |
|
|
|
|
DKP |
4,100 |
481 |
0 |
-3 |
Ekstra |
3,750 |
440 |
0 |
-3 |
Mescier |
|
|
|
|
DKP |
3,670 |
431 |
0 |
-3 |
Ekstra |
3,650 |
428 |
0 |
-3 |
Cansan |
|
|
|
|
DKP |
3,750 |
440 |
-100 |
-14 |
Bonus |
3,650 |
428 |
-100 |
-14 |
Kardemir |
|
|
|
|
DKP |
4,130 |
485 |
-100 |
-15 |
Ekstra |
3,845 |
451 |
-100 |
-14 |
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 8.52