Although some Turkish producers have kept their rebar prices stable on Turkish lira basis today, February 24, this decision has resulted in a $7-9/mt decrease in their dollar-based quotations amid the depreciation of the Turkish lira against major currencies. Meanwhile some Turkish mills have increased their domestic scrap prices by TRY 100-270/mt or $6-30/mt, depending on the buyer and the grade.
Accordingly, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained at TRY 2,650-3,245/mt, while the dollar-based quotations have decreased from the range of $375-459/mt to $368-450/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
23.02.2021 |
23.02.2021 |
|||
Çolakoğlu |
|
|
|
|
DKP |
3,175 |
444 |
150 |
16 |
Ekstra |
2,960 |
414 |
150 |
17 |
Kroman |
|
|
|
|
DKP |
3,000 |
420 |
140 |
15 |
Ekstra |
2,860 |
400 |
270 |
34 |
İsdemir |
|
|
|
|
DKP |
2,965 |
415 |
0 |
-5 |
Ekstra |
2,960 |
414 |
0 |
-5 |
Asil Çelik |
|
|
|
|
DKP |
3,175 |
444 |
150 |
16 |
Ekstra |
2,885 |
403 |
225 |
27 |
IDÇ |
|
|
|
|
DKP |
2,650 |
371 |
0 |
-4 |
Ekstra |
2,630 |
368 |
0 |
-4 |
Erdemir |
|
|
|
|
DKP |
3,025 |
423 |
0 |
-5 |
Ekstra |
3,020 |
422 |
0 |
-5 |
Koç Metalürji |
|
|
|
|
DKP |
3,100 |
434 |
0 |
-5 |
Ekstra |
2,750 |
385 |
0 |
-4 |
Diler Dış Tic, |
|
|
|
|
DKP |
3,050 |
427 |
150 |
16 |
Ekstra |
2,950 |
413 |
150 |
17 |
Baştuğ |
|
|
|
|
Ekstra |
2,750 |
385 |
100 |
10 |
Sıddık |
|
|
|
|
DKP |
3,050 |
427 |
180 |
21 |
Ekstra |
2,950 |
413 |
150 |
17 |
Ege Çelik |
|
|
|
|
DKP |
2,780 |
389 |
0 |
-4 |
Ekstra |
2,650 |
371 |
0 |
-4 |
Mescier |
|
|
|
|
DKP |
2,870 |
401 |
100 |
10 |
Ekstra |
2,850 |
399 |
100 |
10 |
Cansan |
|
|
|
|
Ekstra |
2,800 |
392 |
0 |
-4 |
Kardemir |
|
|
|
|
DKP |
3,245 |
454 |
0 |
-5 |
Ekstra |
3,060 |
428 |
0 |
-5 |
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 7.21
