Since SteelOrbis’ report published on January 18, the Turkish lira has gained some strength against the major currencies, causing dollar-based domestic scrap procurement prices to move up. It is observed that one mill has reduced its domestic scrap quotations by TRY 250/mt or $14/mt. However, other producers have kept their prices in the local currency stable, with a $4-6/mt increase in their dollar prices.
The general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained at TRY 5,900-7,150/mt, while prices on US dollar basis have been revised from $436-528/mt to $440-534/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
18.01.2022 |
18.01.2022 |
|||
Çolakoğlu |
|
|
|
|
DKP |
6,855 |
512 |
0 |
5 |
Ekstra |
6,380 |
476 |
0 |
5 |
Kroman |
|
|
|
|
DKP |
5,980 |
446 |
-250 |
-14 |
Ekstra |
5,710 |
426 |
-250 |
-14 |
İsdemir |
|
|
|
|
DKP |
6,550 |
489 |
0 |
5 |
Ekstra |
6,545 |
488 |
0 |
5 |
Asil Çelik |
|
|
|
|
DKP |
6,875 |
513 |
0 |
5 |
Ekstra |
6,300 |
470 |
0 |
5 |
İDÇ |
|
|
|
|
DKP |
6,350 |
474 |
0 |
5 |
Ekstra |
6,330 |
472 |
0 |
5 |
Erdemir |
|
|
|
|
DKP |
6,885 |
514 |
0 |
5 |
Ekstra |
6,880 |
513 |
0 |
5 |
Diler Dış Tic, |
|
|
|
|
DKP |
6,300 |
470 |
0 |
5 |
Ekstra |
6,200 |
463 |
0 |
5 |
Baştuğ |
|
|
|
|
DKP |
5,900 |
440 |
0 |
5 |
Ekstra |
5,300 |
396 |
0 |
4 |
Sıddık |
|
|
|
|
DKP |
6,070 |
453 |
0 |
5 |
Ekstra |
6,000 |
448 |
0 |
5 |
Ege Çelik |
|
|
|
|
DKP |
6,630 |
495 |
0 |
5 |
Ekstra |
6,280 |
469 |
0 |
5 |
Mescier |
|
|
|
|
DKP |
6,150 |
459 |
0 |
5 |
Ekstra |
6,000 |
448 |
0 |
5 |
Cansan |
|
|
|
|
DKP |
6,150 |
459 |
0 |
5 |
Ekstra |
5,350 |
399 |
0 |
4 |
Kardemir |
|
|
|
|
DKP |
7,150 |
534 |
0 |
6 |
Ekstra |
6,915 |
516 |
0 |
5 |
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 13.40
