Turkey’s Colakoglu raises local scrap purchase price by $8/mt

Thursday, 08 April 2021 16:53:39 (GMT+3)   |   Istanbul
       

SteelOrbis has learned that Turkish mill Colakoglu has increased its domestic scrap purchase price by $8/mt or TRY 80/mt today, April 8. The other Turkish mills have kept their prices stable, accompanied by a $2/mt decrease in the dollar-based price. Accordingly, the general price range for benchmark DKP grade scrap in Turkey is still at TRY 2,950-3,730/mt or $362-457/mt. The prices on US dollar basis were at $363-459/mt on April 5.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

05.04.2021 

05.04.2021

Çolakoğlu

 

 

 

 

DKP

3.605

442

+80

+8

Ekstra

3.390

415

+80

+8

 

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 8.16


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