Over the past week, Turkish mills have maintained diverse price policies for their domestic scrap procurements. While most of them kept their prices stable, their dollar-based quotations have also remained unchanged amid the almost still Turkish lira-US dollar exchange rate. One mill reduced its prices by TRY 100/mt or $6/mt, as one increased its prices by TRY 50/mt or $2/mt. Since the uptrend of the deep sea segment seems to lose momentum, Turkish mills are taking the opportunity to cease the increases observed in the local scrap market for a while now.
The general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained at TRY 6,100-7,800/mt ($327-418/mt) week on week.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
09.12.2022 |
09.12.2022 |
|||
Çolakoğlu |
|
|
|
|
DKP |
7,230 |
388 |
0 |
0 |
Extra |
6,705 |
360 |
0 |
0 |
Kroman |
|
|
|
|
DKP |
7,100 |
381 |
0 |
0 |
Extra |
6,690 |
359 |
0 |
0 |
İsdemir |
|
|
|
|
DKP |
7,280 |
390 |
0 |
0 |
Extra |
7,275 |
390 |
0 |
0 |
Asil Çelik |
|
|
|
|
DKP |
7,280 |
390 |
0 |
0 |
Extra |
6,700 |
359 |
0 |
0 |
İDÇ |
|
|
|
|
DKP |
6,100 |
327 |
0 |
0 |
Extra |
6,080 |
326 |
0 |
0 |
Erdemir |
|
|
|
|
DKP |
7,380 |
396 |
50 |
2 |
Extra |
7,375 |
395 |
50 |
2 |
Diler Dış Tic. |
|
|
|
|
DKP |
7,050 |
378 |
0 |
0 |
Extra |
6,700 |
359 |
0 |
0 |
Baştuğ |
|
|
|
|
DKP |
6,700 |
359 |
0 |
0 |
Extra |
5,200 |
279 |
0 |
0 |
Sıddık |
|
|
|
|
DKP |
6,700 |
359 |
-100 |
-6 |
Extra |
6,400 |
343 |
-100 |
-6 |
Ege Çelik |
|
|
|
|
DKP |
7,090 |
380 |
0 |
0 |
Extra |
6,690 |
359 |
0 |
0 |
Mescier |
|
|
|
|
DKP |
6,700 |
359 |
0 |
0 |
Extra |
6,500 |
349 |
0 |
0 |
Cansan |
|
|
|
|
DKP |
7,000 |
375 |
0 |
0 |
Extra |
5,500 |
295 |
0 |
0 |
Kardemir |
|
|
|
|
DKP |
7,800 |
418 |
0 |
0 |
Extra |
7,565 |
406 |
0 |
0 |
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 18.65