Since SteelOrbis’ report published on November 4, most Turkish mills have reduced their domestic scrap procurement prices. The downward revision is in the range of TRY 100-400/mt or $5-21/mt. The decreases in the deep and short sea scrap segments are exerting pressure on the local scrap market.
As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has changed from TRY 6,050-6,950/mt ($325-373/mt) to TRY 5,900-6,950/mt ($317-373/mt).
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
4.11.2022 |
4.11.2022 |
|||
Çolakoğlu |
|
|
|
|
DKP |
6,680 |
359 |
-200 |
-11 |
Extra |
6,155 |
331 |
-200 |
-11 |
Kroman |
|
|
|
|
DKP |
6,150 |
330 |
-300 |
-16 |
Extra |
5,750 |
309 |
-350 |
-19 |
İsdemir |
|
|
|
|
DKP |
6,500 |
349 |
-300 |
-16 |
Extra |
6,495 |
349 |
-300 |
-16 |
Asil Çelik |
|
|
|
|
DKP |
6,730 |
361 |
-200 |
-11 |
Extra |
6,000 |
322 |
-200 |
-11 |
İDÇ |
|
|
|
|
DKP |
6,200 |
333 |
0 |
0 |
Extra |
6,180 |
332 |
0 |
0 |
Erdemir |
|
|
|
|
DKP |
6,680 |
359 |
-200 |
-11 |
Extra |
6,675 |
358 |
-200 |
-11 |
Diler Dış Tic. |
|
|
|
|
DKP |
5,900 |
317 |
-350 |
-19 |
Extra |
5,850 |
314 |
-350 |
-19 |
Baştuğ |
|
|
|
|
DKP |
6,000 |
322 |
-400 |
-21 |
Extra |
4,300 |
231 |
-400 |
-21 |
Sıddık |
|
|
|
|
DKP |
5,900 |
317 |
-200 |
-11 |
Extra |
5,850 |
314 |
-200 |
-11 |
Ege Çelik |
|
|
|
|
DKP |
6,450 |
346 |
-250 |
-13 |
Extra |
6,050 |
325 |
-200 |
-11 |
Mescier |
|
|
|
|
DKP |
6,050 |
325 |
0 |
0 |
Extra |
5,850 |
314 |
0 |
0 |
Cansan |
|
|
|
|
DKP |
6,000 |
322 |
-100 |
-5 |
Extra |
5,100 |
274 |
0 |
0 |
Kardemir |
|
|
|
|
DKP |
6,950 |
373 |
0 |
0 |
Ekstra |
6,715 |
361 |
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 18.62
