Today, September 10, three Turkish mills have raised their domestic scrap quotations by TRY 20-40/mt or $3-6/mt according to today’s currency rate. Accordingly, the benchmark DKP grade scrap prices in Turkey have remained in the range of TRY 2,000-2,345/mt. However, some mills’ decision to keep their lira-based prices stable have caused a $1/mt increase in their dollar quotations, and so the DKP grade quotations on dollar basis have risen on the upper end to $267-314/mt. Market sources state that the ongoing increases in the local scrap market observed since the beginning of the current week are aimed at maintaining the pace of scrap flow.
|
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
|
09.09.2020 |
09.09.2020 |
|||
|
İsdemir |
|
|
|
|
|
DKP |
2,020 |
270 |
+20 |
+3 |
|
Ekstra |
2,015 |
269 |
+20 |
+3 |
|
Erdemir |
|
|
|
|
|
DKP |
2,310 |
309 |
+40 |
+6 |
|
Ekstra |
2,305 |
308 |
+40 |
+6 |
|
Mescier |
|
|
|
|
|
DKP |
2,075 |
277 |
+35 |
+5 |
|
Ekstra |
2,055 |
275 |
+35 |
+5 |
All above prices are for deliveries to customer and exclude VAT.
$1 = TRY 7.48