Turkey’s domestic scrap market has mostly remained stable over the past two weeks in the local currency. The depreciation of the Turkish currency means that dollar-based prices are now $2-3/mt lower than the levels recorded at the end of June. Meanwhile, some producers have increased their purchase prices by TRY 300-400/mt, matched by a rise of $7-10/mt rise on dollar basis.
Despite the changes in some prices, the general range in the local Turkish scrap market for the benchmark DKP grade scrap is still at TRY 11,800-13,150/mt in the local currency, with dollar-based prices softening to $357-398/mt from the range of $360-401/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
28.06.2024 |
28.06.2024 |
|||
Çolakoğlu |
|
|
|
|
DKP |
12,705 |
385 |
0 |
-2 |
Extra |
12,180 |
369 |
0 |
-2 |
Kroman |
|
|
|
|
DKP |
12,500 |
379 |
0 |
-2 |
Extra |
12,050 |
365 |
0 |
-2 |
İsdemir |
|
|
|
|
DKP |
13,050 |
395 |
400 |
10 |
Extra |
13,000 |
394 |
400 |
10 |
Asil Çelik |
|
|
|
|
DKP |
12,880 |
390 |
0 |
-2 |
Extra |
12,065 |
365 |
0 |
-2 |
Erdemir |
|
|
|
|
DKP |
12,975 |
393 |
0 |
-3 |
Extra |
12,970 |
393 |
0 |
-3 |
Koç Metalürji |
|
|
|
|
DKP |
12,500 |
379 |
300 |
7 |
Extra |
10,400 |
315 |
300 |
7 |
Diler Dış Tic. |
|
|
|
|
DKP |
12,000 |
363 |
0 |
-2 |
Extra |
11,900 |
360 |
0 |
-2 |
Baştuğ |
|
|
|
|
DKP |
12,500 |
379 |
0 |
-2 |
Extra |
8,000 |
242 |
0 |
-2 |
Sıddık |
|
|
|
|
DKP |
12,000 |
363 |
0 |
-2 |
Extra |
11,900 |
360 |
0 |
-2 |
Mescier |
|
|
|
|
DKP |
11,800 |
357 |
0 |
-2 |
Extra |
11,600 |
351 |
0 |
-2 |
Cansan |
|
|
|
|
DKP |
12,700 |
385 |
300 |
7 |
Extra |
10,400 |
315 |
300 |
7 |
Kardemir |
|
|
|
|
DKP |
13,150 |
398 |
0 |
-3 |
Extra |
12,915 |
391 |
0 |
-3 |
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 33.02