Along with the relatively stable movement observed in the import scrap segment, Turkish mills’ local scrap procurement prices have also mostly moved sideways this week. This stability has resulted in a $2-4/mt decrease in prices on dollar basis due to the depreciation of the Turkish lira against the US dollar. A few steel mills have increased their prices by TRY 100-200/mt, softening the impact of the weaker lira. The general range in the local Turkish scrap market for the benchmark DKP grade scrap is still at TRY 9,000-10,150/mt ($328-370/mt).
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
22.09.2023 |
22.09.2023 |
|||
Çolakoğlu |
|
|
|
|
DKP |
9,955 |
363 |
0 |
-4 |
Extra |
9,430 |
344 |
0 |
-4 |
Kroman |
|
|
|
|
DKP |
9,250 |
337 |
0 |
-4 |
Extra |
8,700 |
317 |
0 |
-4 |
İsdemir |
|
|
|
|
DKP |
10,100 |
368 |
100 |
-1 |
Extra |
10,050 |
367 |
100 |
-1 |
Asil Çelik |
|
|
|
|
DKP |
10,055 |
367 |
0 |
-4 |
Extra |
9,355 |
341 |
0 |
-4 |
Erdemir |
|
|
|
|
DKP |
10,100 |
368 |
0 |
-4 |
Extra |
10,095 |
368 |
0 |
-4 |
Diler Dış Tic. |
|
|
|
|
DKP |
9,250 |
337 |
0 |
-4 |
Extra |
8,900 |
325 |
0 |
-4 |
Baştuğ |
|
|
|
|
DKP |
9,800 |
357 |
0 |
-4 |
Extra |
4,650 |
170 |
0 |
-2 |
Sıddık |
|
|
|
|
DKP |
9,250 |
337 |
0 |
-4 |
Extra |
8,900 |
325 |
0 |
-4 |
Mescier |
|
|
|
|
DKP |
9,000 |
328 |
0 |
-4 |
Extra |
8,800 |
321 |
0 |
-4 |
Cansan |
|
|
|
|
DKP |
9,900 |
361 |
200 |
3 |
Extra |
7,800 |
284 |
100 |
0 |
Kardemir |
|
|
|
|
DKP |
10,150 |
370 |
0 |
-4 |
Extra |
9,915 |
362 |
0 |
-4 |
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 27.42