Turkish domestic scrap prices mostly fall

Friday, 17 June 2022 15:54:03 (GMT+3)   |   Istanbul

Over the past week, Turkish mills have followed diverse trends in their scrap purchase prices. Some have reduced local scrap procurement prices by TRY 150-700/mt or $16-47/mt, while one mill increased its price by TRY 100/mt. However, the Turkish lira has continued its depreciation against the US dollar this week, and so the dollar-based quotations of the producers that kept their lira-based prices stable have declined by $7/mt.

As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has settled at TRY 6,500-7,950/mt ($376-459/mt) ex-works.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 10.06.2022

10.06.2022 

Çolakoğlu

 

 

 

 

DKP

7,530

435

-150

-16

Ekstra

7,005

405

-150

-16

Kroman

 

 

 

 

DKP

6,600

381

-400

-30

Ekstra

5,800

335

-700

-47

İsdemir

 

 

 

 

DKP

7,300

422

0

-7

Ekstra

7,295

421

0

-7

Asil Çelik

 

 

 

 

DKP

7,600

439

-160

-17

Ekstra

7,050

407

-175

-17

İDÇ

 

 

 

 

DKP

6,500

376

-250

-21

Ekstra

6,480

374

-250

-21

Erdemir

 

 

 

 

DKP

7,530

435

-150

-16

Ekstra

7,525

435

-150

-16

Diler Dış Tic.

 

 

 

 

DKP

6,600

381

-550

-39

Ekstra

6,440

372

-550

-39

Baştuğ

 

 

 

 

DKP

7,000

404

0

-7

Ekstra

6,900

399

+100

-1

Sıddık

 

 

 

 

DKP

6,550

378

-520

-37

Ekstra

6,390

369

-510

-36

Ege Çelik

 

 

 

 

DKP

6,910

399

-450

-33

Ekstra

6,130

354

-450

-32

Mescier

 

 

 

 

DKP

6,500

376

-300

-24

Ekstra

6,300

364

-300

-24

Cansan

 

 

 

 

DKP

6.850

396

-550

-39

Ekstra

5.650

326

-400

-29

Kardemir

 

 

 

 

DKP

7.950

459

-500

-37

Ekstra

7.815

451

-500

-37

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 17.31

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

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