Since SteelOrbis’ report published on Monday, July 22, Turkish mills have cut their local scrap procurement prices by TRY 250-700/mt or $18-44/mt. Only one mill has decided to keep its prices stable, with a $4/mt a fall in its dollar-based quotations. Sentiment in Turkey’s raw material and steel markets remains negative, exerting pressure on domestic scrap prices also. As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has decreased from TRY 6,100-8,100/mt ($344-457/mt) to TRY 5,750-7,400/mt ($321-413/mt).
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
22.07.2022 |
22.07.2022 |
|||
Çolakoğlu |
|
|
|
|
DKP |
6,980 |
390 |
-250 |
-19 |
Ekstra |
6,455 |
360 |
-250 |
-18 |
Kroman |
|
|
|
|
DKP |
6,300 |
352 |
-350 |
-24 |
Ekstra |
5,600 |
313 |
-480 |
-31 |
İsdemir |
|
|
|
|
DKP |
6,900 |
385 |
-250 |
-18 |
Ekstra |
6,895 |
385 |
-250 |
-18 |
Asil Çelik |
|
|
|
|
DKP |
7,005 |
391 |
-325 |
-23 |
Ekstra |
6,350 |
354 |
-450 |
-29 |
İDÇ |
|
|
|
|
DKP |
5,800 |
324 |
-650 |
-40 |
Ekstra |
5,780 |
323 |
-650 |
-40 |
Erdemir |
|
|
|
|
DKP |
6,980 |
390 |
-250 |
-19 |
Ekstra |
6,975 |
389 |
-250 |
-19 |
Diler Dış Tic. |
|
|
|
|
DKP |
6,250 |
349 |
0 |
-4 |
Ekstra |
6,200 |
346 |
0 |
-4 |
Baştuğ |
|
|
|
|
DKP |
5,800 |
324 |
-400 |
-26 |
Ekstra |
4,400 |
246 |
-400 |
-25 |
Sıddık |
|
|
|
|
DKP |
5,750 |
321 |
-350 |
-23 |
Ekstra |
5,700 |
318 |
-350 |
-23 |
Ege Çelik |
|
|
|
|
DKP |
6,600 |
368 |
-400 |
-27 |
Ekstra |
5,970 |
333 |
-400 |
-26 |
Mescier |
|
|
|
|
DKP |
5,800 |
324 |
-400 |
-26 |
Ekstra |
5,600 |
313 |
-400 |
-26 |
Cansan |
|
|
|
|
DKP |
5,800 |
324 |
-400 |
-26 |
Ekstra |
4,600 |
257 |
-400 |
-25 |
Kardemir |
|
|
|
|
DKP |
7,400 |
413 |
-700 |
-44 |
Ekstra |
7,165 |
400 |
-700 |
-44 |
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 17.92