Since SteelOrbis’ report published on May 11, some Turkish mills have increased their local scrap purchase prices by TRY 100-220/mt or $10-24/mt, while others have kept their prices unchanged, resulting in a $2/mt decrease in their dollar-based prices. The increases announced in mills’ domestic scrap purchase quotations are interpreted as a measure to stabilize scrap flow.
As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved sideways at TRY 3,400-4,330, while the dollar-based quotations have moved from $409-521/mt to $407-519/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
11.05.2021 |
11.05.2021 |
|||
Çolakoğlu |
|
|
|
|
DKP |
4,225 |
506 |
200 |
22 |
Ekstra |
3,910 |
468 |
200 |
22 |
Kroman |
|
|
|
|
DKP |
4,010 |
480 |
200 |
22 |
Ekstra |
3,890 |
466 |
200 |
22 |
İsdemir |
|
|
|
|
DKP |
4,230 |
507 |
200 |
22 |
Ekstra |
4,225 |
506 |
200 |
22 |
Asil Çelik |
|
|
|
|
DKP |
4,300 |
515 |
220 |
24 |
Ekstra |
3,910 |
468 |
200 |
22 |
IDÇ |
|
|
|
|
DKP |
3,400 |
407 |
0 |
-2 |
Ekstra |
3,380 |
405 |
0 |
-2 |
Erdemir |
|
|
|
|
DKP |
4,285 |
513 |
200 |
22 |
Ekstra |
4,280 |
513 |
200 |
22 |
Koç Metalürji |
|
|
|
|
DKP |
4,000 |
479 |
150 |
16 |
Ekstra |
3,550 |
425 |
100 |
10 |
Diler Dış Tic. |
|
|
|
|
DKP |
3,970 |
475 |
200 |
22 |
Ekstra |
3,900 |
467 |
200 |
22 |
Baştuğ |
|
|
|
|
Ekstra |
3,750 |
449 |
0 |
-2 |
Sıddık |
|
|
|
|
DKP |
3,950 |
473 |
190 |
21 |
Ekstra |
3,900 |
467 |
200 |
22 |
Ege Çelik |
|
|
|
|
DKP |
3,680 |
441 |
0 |
-2 |
Ekstra |
3,500 |
419 |
0 |
-2 |
Mescier |
|
|
|
|
DKP |
3,620 |
434 |
0 |
-2 |
Ekstra |
3,600 |
431 |
0 |
-2 |
Kardemir |
|
|
|
|
DKP |
4,330 |
519 |
0 |
-2 |
Ekstra |
4,045 |
484 |
0 |
-2 |
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 8.35
