One Turkish mill has increased its domestic scrap purchase prices during the past week. The silence in the deep sea scrap market, which ended on June 24 with an ex-US transaction closed at $499/mt CFR for HMS I/II 80:20 scrap, has impacted the local market, resulting in most domestic mills to keep their prices. As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained stable in the range of TRY 3,820-4,415/mt, while the dollar-based quotations moved from $439-507/mt to $440-508/mt. The increase observed in the dollar equations is the result of Turkish lira gaining strength against the US dollar.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
18.06.2021 |
18.06.2021 |
|||
Çolakoğlu |
|
|
|
|
DKP |
4,280 |
493 |
0 |
1 |
Ekstra |
3,925 |
452 |
0 |
1 |
Kroman |
|
|
|
|
DKP |
4,000 |
460 |
0 |
1 |
Ekstra |
3,900 |
449 |
0 |
1 |
İsdemir |
|
|
|
|
DKP |
4,355 |
501 |
0 |
1 |
Ekstra |
4,350 |
501 |
0 |
1 |
Asil Çelik |
|
|
|
|
DKP |
4,305 |
495 |
0 |
1 |
Ekstra |
3,900 |
449 |
0 |
1 |
IDÇ |
|
|
|
|
DKP |
3,870 |
445 |
0 |
1 |
Ekstra |
3,850 |
443 |
0 |
1 |
Erdemir |
|
|
|
|
DKP |
4,415 |
508 |
0 |
1 |
Ekstra |
4,410 |
507 |
0 |
1 |
Koç Metalürji |
|
|
|
|
DKP |
4,250 |
489 |
100 |
13 |
Ekstra |
3,600 |
414 |
100 |
12 |
Diler Dış Tic. |
|
|
|
|
DKP |
3,970 |
457 |
0 |
1 |
Ekstra |
3,900 |
449 |
0 |
1 |
Sıddık |
|
|
|
|
DKP |
3,970 |
457 |
0 |
1 |
Ekstra |
3,900 |
449 |
0 |
1 |
Ege Çelik |
|
|
|
|
DKP |
4,110 |
473 |
0 |
1 |
Ekstra |
3,800 |
437 |
0 |
1 |
Mescier |
|
|
|
|
DKP |
3,820 |
440 |
0 |
1 |
Ekstra |
3,800 |
437 |
0 |
1 |
Cansan |
|
|
|
|
DKP |
4,150 |
478 |
0 |
1 |
Bonus |
4,000 |
460 |
0 |
1 |
Kardemir |
|
|
|
|
DKP |
4,280 |
493 |
0 |
1 |
Ekstra |
3,995 |
460 |
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 8.69
