Over the past week, Turkish mills’ local scrap procurement prices have decreased sharply in line with the collapse observed in the deep sea scrap segment. Turkish mills have reduced their prices by TRY 400-2,000/mt or $27-134/mt. As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has decreased from TRY 7,400-8,600/mt to TRY 6,000-8,010/mt, while prices on US dollar basis have been revised from $495-575/mt to $401-536/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
06.05.2022 |
06.05.2022 |
|||
Çolakoğlu |
|
|
|
|
DKP |
7,980 |
534 |
-600 |
-40 |
Ekstra |
7,455 |
499 |
-600 |
-40 |
Kroman |
|
|
|
|
DKP |
7,000 |
468 |
-400 |
-27 |
Ekstra |
6,400 |
428 |
-500 |
-33 |
İsdemir |
|
|
|
|
DKP |
7,650 |
512 |
-600 |
-40 |
Ekstra |
7,645 |
511 |
-600 |
-40 |
Asil Çelik |
|
|
|
|
DKP |
8,010 |
536 |
-590 |
-39 |
Ekstra |
7,450 |
498 |
-500 |
-33 |
İDÇ |
|
|
|
|
DKP |
6,000 |
401 |
-2.000 |
-134 |
Ekstra |
5,980 |
400 |
-2.000 |
-134 |
Erdemir |
|
|
|
|
DKP |
7,980 |
534 |
-600 |
-40 |
Ekstra |
7,975 |
533 |
-600 |
-40 |
Diler Dış Tic. |
|
|
|
|
DKP |
7,050 |
472 |
-600 |
-40 |
Ekstra |
6,880 |
460 |
-600 |
-40 |
Baştuğ |
|
|
|
|
DKP |
6,400 |
428 |
-1.250 |
-84 |
Ekstra |
5,200 |
348 |
-1.300 |
-87 |
Sıddık |
|
|
|
|
DKP |
6,920 |
463 |
-730 |
-49 |
Ekstra |
6,750 |
452 |
-730 |
-49 |
Ege Çelik |
|
|
|
|
DKP |
6,850 |
458 |
-1.600 |
-107 |
Ekstra |
6,150 |
411 |
-1.600 |
-107 |
Mescier |
|
|
|
|
DKP |
6,900 |
462 |
-700 |
-47 |
Ekstra |
6,700 |
448 |
-700 |
-47 |
Cansan |
|
|
|
|
DKP |
6,850 |
458 |
-950 |
-64 |
Ekstra |
5,850 |
391 |
-950 |
-64 |
Kardemir |
|
|
|
|
DKP |
7,750 |
518 |
-750 |
-50 |
Ekstra |
7,615 |
509 |
-750 |
-50 |
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 15.47
