Some Turkish mills raise their domestic scrap purchase prices

Wednesday, 31 March 2021 17:34:06 (GMT+3)   |   Istanbul
       

Today, March 31, some Turkish mills have revised their domestic scrap purchase prices upwards. These mills including Erdemir, İsdemir and Kardemir have announced a TRY 100-150/mt or $15-21/mt increase in their prices. The other mills, having mostly raised their prices yesterday, have kept their quotations on lira basis stable today. This decision has been accompanied by a $2/mt increase in their  dollar prices as the Turkish lira has gained some strength as compared to yesterday.

Accordingly, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has increased from TRY 2,950-3,470/mt to TRY 2,950-3,620/mt, while the dollar-based quotations have moved from the range of $355-417/mt to $357-438/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

30.03.2021 

30.03.2021  

Çolakoğlu

 

 

 

 

DKP

3,440

416

0

2

Ekstra

3,225

390

0

2

Kroman

 

 

 

 

DKP

3,150

381

0

2

Ekstra

3,115

377

0

2

İsdemir

 

 

 

 

DKP

3,395

411

150

20

Ekstra

3,390

410

150

20

Asil Çelik

 

 

 

 

DKP

3,430

415

0

2

Ekstra

3,125

378

0

2

IDÇ

 

 

 

 

DKP

2,950

357

0

2

Ekstra

2,930

354

0

2

Erdemir

 

 

 

 

DKP

3,485

421

100

15

Ekstra

3,480

421

100

15

Koç Metalürji

 

 

 

 

DKP

3,150

381

0

2

Ekstra

2,750

333

0

2

Diler Dış Tic.

 

 

 

 

DKP

3,260

394

0

2

Ekstra

3,160

382

0

2

Baştuğ

 

 

 

 

Ekstra

2,900

351

0

2

Sıddık

 

 

 

 

DKP

3,240

392

0

2

Ekstra

3,140

380

0

2

Ege Çelik

 

 

 

 

DKP

3,230

391

0

2

Ekstra

3,080

372

0

2

Mescier

 

 

 

 

DKP

3,020

365

0

2

Ekstra

3,000

363

0

2

Cansan

 

 

 

 

Ekstra

2,800

339

0

2

Kardemir

 

 

 

 

DKP

3,620

438

150

21

Ekstra

3,435

415

150

21

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 8.27

 


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