Since SteelOrbis’ report published on September 23, most Turkish mills have increased their domestic scrap procurement prices by TRY 50-650/mt to offset the depreciation of the Turkish lira against the major currencies. The TRY 50/mt increase in lira-based quotations was matched by a stable trend in dollar-based price, while the other rises in the local currency were accompanied by a $8-33/mt rise in dollar prices. A number of mills have kept their prices in liras stable over the past week, with their dollar prices down $2-3/mt.
As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has increased on the upper end of TRY 6,000-6,930/mt ($326-376/mt) to TRY 6,000-7,550/mt ($324-407/mt).
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
23.09.2022 |
23.09.2022 |
|||
Çolakoğlu |
|
|
|
|
DKP |
7,080 |
382 |
200 |
8 |
Ekstra |
6,555 |
354 |
200 |
9 |
Kroman |
|
|
|
|
DKP |
6,850 |
369 |
600 |
30 |
Ekstra |
6,510 |
351 |
500 |
25 |
İsdemir |
|
|
|
|
DKP |
6,800 |
367 |
0 |
-2 |
Ekstra |
6,795 |
367 |
0 |
-2 |
Asil Çelik |
|
|
|
|
DKP |
7,130 |
385 |
200 |
9 |
Ekstra |
6,400 |
345 |
200 |
8 |
İDÇ |
|
|
|
|
DKP |
6,000 |
324 |
0 |
-2 |
Ekstra |
5,980 |
323 |
0 |
-2 |
Erdemir |
|
|
|
|
DKP |
7,080 |
382 |
200 |
8 |
Ekstra |
7,075 |
382 |
200 |
9 |
Diler Dış Tic. |
|
|
|
|
DKP |
6,550 |
353 |
200 |
8 |
Ekstra |
6,500 |
351 |
250 |
12 |
Baştuğ |
|
|
|
|
DKP |
6,500 |
351 |
200 |
9 |
Ekstra |
4,800 |
259 |
200 |
9 |
Sıddık |
|
|
|
|
DKP |
6,500 |
351 |
200 |
9 |
Ekstra |
6,450 |
348 |
250 |
11 |
Ege Çelik |
|
|
|
|
DKP |
6,950 |
375 |
280 |
13 |
Ekstra |
6,250 |
337 |
380 |
18 |
Mescier |
|
|
|
|
DKP |
6,050 |
326 |
0 |
-3 |
Ekstra |
5,850 |
316 |
0 |
-2 |
Cansan |
|
|
|
|
DKP |
6,550 |
353 |
50 |
0 |
Ekstra |
5,550 |
299 |
50 |
0 |
Kardemir |
|
|
|
|
DKP |
7,550 |
407 |
650 |
32 |
Ekstra |
7,315 |
395 |
650 |
33 |
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 18.54