Over the past two weeks, most Turkish mills have increased their domestic scrap procurement prices once again. Most Turkish producers have announced upward revisions in the range of TRY 100-500/mt. Despite the upward revision on Turkish lira basis, dollar-based prices have changed in a wide range from down $7/mt to up $10/mt. The dollar-based prices of the mills that kept their lira prices stable have moved down by $6-12/mt. Meanwhile, two mills have reduced their domestic scrap prices in this two-week period by TRY 50-250/mt or $12-20/mt.
The general range in the local Turkish scrap market for the benchmark DKP grade scrap is currently at TRY 7,900-9,950/mt ($293-367/mt), from 7,900-9,750/mt ($303-374/mt).
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
07.07.2023 |
07.07.2023 |
|||
Çolakoğlu |
|
|
|
|
DKP |
9,605 |
357 |
275 |
-1 |
Extra |
9,080 |
337 |
275 |
-1 |
Kroman |
|
|
|
|
DKP |
9,500 |
353 |
300 |
0 |
Extra |
8,950 |
332 |
145 |
-6 |
İsdemir |
|
|
|
|
DKP |
9,000 |
334 |
200 |
-3 |
Extra |
8,950 |
332 |
200 |
-3 |
Asil Çelik |
|
|
|
|
DKP |
9,755 |
362 |
325 |
0 |
Extra |
9,105 |
338 |
300 |
0 |
Erdemir |
|
|
|
|
DKP |
9,900 |
367 |
150 |
-7 |
Extra |
9,895 |
367 |
150 |
-7 |
Diler Dış Tic. |
|
|
|
|
DKP |
9,150 |
340 |
300 |
0 |
Extra |
8,800 |
327 |
300 |
1 |
Baştuğ |
|
|
|
|
DKP |
8,900 |
330 |
100 |
-7 |
Extra |
4,450 |
165 |
0 |
-6 |
Sıddık |
|
|
|
|
DKP |
8,800 |
327 |
-50 |
-13 |
Extra |
8,450 |
314 |
-50 |
-12 |
Mescier |
|
|
|
|
DKP |
8,700 |
323 |
-250 |
-20 |
Extra |
8, -500 |
316 |
-250 |
-20 |
Cansan |
|
|
|
|
DKP |
8,900 |
330 |
400 |
4 |
Extra |
7,100 |
264 |
500 |
10 |
Kardemir |
|
|
|
|
DKP |
9,750 |
362 |
0 |
-12 |
Extra |
9,515 |
353 |
0 |
-12 |
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 26.94
