Since SteelOrbis’ report published on May 28, some Turkish mills have decreased their local scrap purchase prices by TRY 50-115/mt or $1-8/mt. The appreciation of the Turkish lira against the US dollar has resulted in a $5-6/mt increase in the dollar-based prices of the other mills that have kept their prices stable on lira basis.
As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved down on the lower end from TRY 3,660-4,530 to TRY 3,620-4,530/mt, while the dollar-based quotations have moved from $426-527/mt to $426-533/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
28.05.2021 |
28.05.2021 |
|||
Çolakoğlu |
|
|
|
|
DKP |
4,150 |
488 |
-75 |
-3 |
Ekstra |
3,795 |
446 |
-115 |
-8 |
Kroman |
|
|
|
|
DKP |
3,660 |
431 |
0 |
5 |
Ekstra |
3,540 |
416 |
0 |
5 |
İsdemir |
|
|
|
|
DKP |
3,905 |
459 |
-75 |
-3 |
Ekstra |
3,900 |
459 |
-75 |
-3 |
Asil Çelik |
|
|
|
|
DKP |
4,150 |
488 |
-75 |
-3 |
Ekstra |
3,750 |
441 |
-90 |
-5 |
IDÇ |
|
|
|
|
DKP |
3,870 |
455 |
0 |
5 |
Ekstra |
3,850 |
453 |
0 |
5 |
Erdemir |
|
|
|
|
DKP |
4,210 |
495 |
-75 |
-3 |
Ekstra |
4,205 |
495 |
-75 |
-3 |
Koç Metalürji |
|
|
|
|
DKP |
3,850 |
453 |
0 |
5 |
Ekstra |
3,400 |
400 |
0 |
5 |
Diler Dış Tic. |
|
|
|
|
DKP |
3,720 |
438 |
-50 |
-1 |
Ekstra |
3,650 |
429 |
-50 |
-1 |
Sıddık |
|
|
|
|
DKP |
3,660 |
431 |
-50 |
-1 |
Ekstra |
3,610 |
425 |
-50 |
-1 |
Ege Çelik |
|
|
|
|
DKP |
4,110 |
484 |
0 |
6 |
Ekstra |
3,820 |
449 |
0 |
5 |
Mescier |
|
|
|
|
DKP |
3,620 |
426 |
-100 |
-7 |
Ekstra |
3,600 |
424 |
-100 |
-7 |
Kardemir |
|
|
|
|
DKP |
4,530 |
533 |
0 |
6 |
Ekstra |
4,245 |
499 |
0 |
6 |
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 8.50
