Turkish mill Kroman reduces local scrap purchase prices

Wednesday, 25 August 2021 14:38:59 (GMT+3)   |   Istanbul

Turkish mill Kroman has announced a decrease in its domestic scrap procurement prices today, August 25, by TRY 30/mt. Amid the appreciation of the Turkish lira against the US dollar, the dollar equations of the prices have remained stable for extra grades, while it increased by $1/mt for benchmark DKP grade.

Despite Kroman’s announcement, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained at TRY 3,600-4,305/mt, while the dollar-based quotations moved from $425-508/mt to $429-513/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

23.08.2021 

23.08.2021 

Kroman

 

 

 

 

DKP

3,770

449

-30

+1

Ekstra

3,570

426

-30

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 8.38

AyçaÖzbay
Ayça Özbay
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I graduated from the Faculty of Business Administration at Istanbul University and have been part of SteelOrbis since 2014. After six years in the Content Team, I joined the Market Intelligence department, where I now serve as Head of Ferrous Scrap Market Intelligence. In my role, I lead our global ferrous scrap market intelligence activities, overseeing price assessments, market analysis, and forecasting while working closely with industry participants across international markets. My focus is on tracking global ferrous scrap trade flows, pricing dynamics, and supply-demand fundamentals, providing data-driven insights that help market participants navigate an increasingly complex steel industry.

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