Turkish mills have mostly kept their domestic scrap prices stable over the past week, while a few producers decided to cut their purchase quotations in this period. The declines announced by some mills were in the range of TRY 100-200/mt week on week. With the Turkish lira’s ongoing depreciation against the US dollar, all Turkish producers’ dollar-based prices have declined by $2-10/mt in the same term. While the general range in the local Turkish scrap market for the benchmark DKP grade scrap is still at TRY 9,000-10,150/mt, dollar-based quotations have declined from $324-365/mt to $321-363/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
13.10.2023 |
13.10.2023 |
|||
Çolakoğlu |
|
|
|
|
DKP |
9,955 |
356 |
0 |
-2 |
Extra |
9,430 |
337 |
0 |
-2 |
Kroman |
|
|
|
|
DKP |
9,250 |
330 |
0 |
-3 |
Extra |
8,700 |
311 |
0 |
-2 |
İsdemir |
|
|
|
|
DKP |
10,000 |
357 |
-100 |
-6 |
Extra |
9,950 |
355 |
-100 |
-7 |
Asil Çelik |
|
|
|
|
DKP |
10,055 |
359 |
0 |
-3 |
Extra |
9,355 |
334 |
0 |
-3 |
Erdemir |
|
|
|
|
DKP |
10,100 |
361 |
0 |
-2 |
Extra |
10,095 |
361 |
0 |
-2 |
Diler Dış Tic. |
|
|
|
|
DKP |
9,250 |
330 |
0 |
-3 |
Extra |
8,900 |
318 |
0 |
-2 |
Baştuğ |
|
|
|
|
DKP |
9,650 |
345 |
-150 |
-8 |
Extra |
4,500 |
161 |
-150 |
-6 |
Sıddık |
|
|
|
|
DKP |
9,250 |
330 |
0 |
-3 |
Extra |
8,900 |
318 |
0 |
-2 |
Mescier |
|
|
|
|
DKP |
9,000 |
321 |
0 |
-3 |
Extra |
8,800 |
314 |
0 |
-3 |
Cansan |
|
|
|
|
DKP |
9,700 |
346 |
-200 |
-10 |
Extra |
7,700 |
275 |
-100 |
-6 |
Kardemir |
|
|
|
|
DKP |
10,150 |
363 |
0 |
-3 |
Extra |
9,915 |
354 |
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 28.00