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 |
|||
|
|
|
|
|
|
|
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