As of today, April 21, more Turkish mills have reduced their domestic scrap prices, decreasing them by TRY 10-55/mt or $5-10/mt, depending on the grade. Other mills have kept their prices stable in the local currency, with their dollar prices decreasing by $3-4/mt due to the Turkish lira losing strength against the major currencies.
Despite the changes recorded, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained in the range of TRY 2,950-3,730/mt, while the dollar-based quotations have moved from the range of $364-460/mt to $361-456/mt. One market source stated that domestic scrap flow is currently at good levels.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
20.04.2021 |
20.04.2021 |
|||
Çolakoğlu |
|
|
|
|
DKP |
3,525 |
431 |
-40 |
-9 |
Ekstra |
3,310 |
405 |
-40 |
-8 |
Kroman |
|
|
|
|
DKP |
3,230 |
395 |
0 |
-3 |
Ekstra |
3,130 |
383 |
-55 |
-10 |
İsdemir |
|
|
|
|
DKP |
3,460 |
423 |
0 |
-4 |
Ekstra |
3,455 |
422 |
0 |
-4 |
Asil Çelik |
|
|
|
|
DKP |
3,515 |
430 |
-40 |
-9 |
Ekstra |
3,225 |
394 |
-40 |
-8 |
IDÇ |
|
|
|
|
DKP |
2,950 |
361 |
0 |
-3 |
Ekstra |
2,930 |
358 |
0 |
-3 |
Erdemir |
|
|
|
|
DKP |
3,615 |
442 |
0 |
-4 |
Ekstra |
3,610 |
441 |
0 |
-4 |
Koç Metalürji |
|
|
|
|
DKP |
3,150 |
385 |
0 |
-3 |
Ekstra |
2,750 |
336 |
0 |
-3 |
Diler Dış Tic. |
|
|
|
|
DKP |
3,270 |
400 |
-40 |
-8 |
Ekstra |
3,200 |
391 |
-40 |
-8 |
Sıddık |
|
|
|
|
DKP |
3,270 |
400 |
-40 |
-8 |
Ekstra |
3,200 |
391 |
-10 |
-5 |
Ege Çelik |
|
|
|
|
DKP |
3,230 |
395 |
0 |
-3 |
Ekstra |
3,050 |
373 |
-30 |
-7 |
Mescier |
|
|
|
|
DKP |
3,220 |
394 |
0 |
-3 |
Ekstra |
3,200 |
391 |
0 |
-3 |
Kardemir |
|
|
|
|
DKP |
3,730 |
456 |
0 |
-4 |
Ekstra |
3,545 |
433 |
0 |
-4 |
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 8.18
