Over the past week, Turkish producers have maintained diverse price policies for domestic scrap procurement depending on their needs. One mill reduced its price by TRY100/mt or $7/mt week on week. Some Turkish producers have increased their domestic scrap procurement prices by TRY 100-400/mt or $4-20/mt, while some have kept them unchanged. The unchanged Turkish lira-based prices resulted in an almost $1/mt decline in dollar-based quotations due to the fluctuation in the exchange rate.
The general range in the local Turkish scrap market for the benchmark DKP grade scrap is currently at TRY 7,650-8,600/mt ($403-454/mt), up from TRY 7,550-8,700/mt ($399-460/mt) recorded last week.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
03.03.2023 |
03.03.2023 |
|||
Çolakoğlu |
|
|
|
|
DKP |
8,130 |
429 |
0 |
-1 |
Extra |
7,605 |
401 |
0 |
-1 |
Kroman |
|
|
|
|
DKP |
8,040 |
424 |
0 |
-1 |
Extra |
7,605 |
401 |
0 |
-1 |
İsdemir |
|
|
|
|
DKP |
8,000 |
422 |
0 |
-1 |
Extra |
7,995 |
422 |
0 |
-1 |
Asil Çelik |
|
|
|
|
DKP |
8,400 |
443 |
-100 |
-7 |
Extra |
7,870 |
415 |
-100 |
-7 |
İDÇ |
|
|
|
|
DKP |
8,000 |
422 |
0 |
-1 |
Extra |
7,980 |
421 |
0 |
-1 |
Erdemir |
|
|
|
|
DKP |
8,600 |
454 |
-100 |
-7 |
Extra |
8,595 |
453 |
-100 |
-7 |
Diler Dış Tic. |
|
|
|
|
DKP |
7,950 |
419 |
0 |
-1 |
Extra |
7,600 |
401 |
0 |
-1 |
Baştuğ |
|
|
|
|
DKP |
7,950 |
419 |
400 |
20 |
Extra |
5,150 |
272 |
0 |
-1 |
Sıddık |
|
|
|
|
DKP |
7,950 |
419 |
0 |
-1 |
Extra |
7,600 |
401 |
0 |
-1 |
Ege Çelik |
|
|
|
|
DKP |
8,350 |
440 |
0 |
-1 |
Extra |
8,130 |
429 |
0 |
-1 |
Mescier |
|
|
|
|
DKP |
7,650 |
403 |
0 |
-1 |
Extra |
7,450 |
393 |
0 |
-1 |
Cansan |
|
|
|
|
DKP |
7,800 |
411 |
100 |
4 |
Extra |
6,700 |
353 |
150 |
7 |
Kardemir |
|
|
|
|
DKP |
8,550 |
451 |
0 |
-1 |
Extra |
8,315 |
439 |
0 |
-1 |
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 18.90