Local Turkish scrap market remains stable in current week

Friday, 08 April 2022 14:15:27 (GMT+3)   |   Istanbul

Over the past week, Turkish mills have kept their local scrap procurement prices stable. The slight depreciation of the Turkish lira has caused dollar-based quotations to decline by $2-3/mt. Scrap flow to Turkish mills, particularly to those representing the higher end of prices, is healthy. The general range in the local Turkish scrap market for the benchmark DKP grade scrap is still at TRY 8,450-9,780/mt, while prices on US dollar basis have been revised from $575-666/mt to $573-664/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

01.04.2022 

01.04.2022 

Çolakoğlu

 

 

 

 

DKP

9,705

658

0

-3

Ekstra

9,180

622

0

-3

Kroman

 

 

 

 

DKP

8,450

573

0

-2

Ekstra

8,160

553

0

-2

İsdemir

 

 

 

 

DKP

9,700

658

0

-3

Ekstra

9,695

657

0

-3

Asil Çelik

 

 

 

 

DKP

9,670

656

0

-3

Ekstra

8,900

603

0

-2

İDÇ

 

 

 

 

DKP

9,350

634

0

-3

Ekstra

9,330

633

0

-3

Erdemir

 

 

 

 

DKP

9,780

663

0

-3

Ekstra

9,775

663

0

-3

Diler Dış Tic.

 

 

 

 

DKP

8,900

603

0

-2

Ekstra

8,730

592

0

-2

Baştuğ

 

 

 

 

DKP

8,850

600

0

-2

Ekstra

7,850

532

0

-2

Sıddık

 

 

 

 

DKP

8,770

595

0

-2

Ekstra

8,600

583

0

-2

Ege Çelik

 

 

 

 

DKP

9,790

664

0

-3

Ekstra

9,440

640

0

-3

Mescier

 

 

 

 

DKP

8,900

603

0

-2

Ekstra

8,700

590

0

-2

Cansan

 

 

 

 

DKP

9,300

631

0

-3

Ekstra

8,150

553

0

-2

Kardemir

 

 

 

 

DKP

9,650

654

0

-3

Ekstra

9,515

645

0

-3

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 14.75

AyçaÖzbay
Ayça Özbay
Editor
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I graduated from the Faculty of Business Administration at Istanbul University and have been part of SteelOrbis since 2014. After six years in the Content Team, I joined the Market Intelligence department, where I now serve as Head of Ferrous Scrap Market Intelligence. In my role, I lead our global ferrous scrap market intelligence activities, overseeing price assessments, market analysis, and forecasting while working closely with industry participants across international markets. My focus is on tracking global ferrous scrap trade flows, pricing dynamics, and supply-demand fundamentals, providing data-driven insights that help market participants navigate an increasingly complex steel industry.

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