Turkish mills’ local scrap purchase prices remain stable overall

Friday, 19 August 2022 17:19:35 (GMT+3)   |   Istanbul
       

Since SteelOrbis’ report published on August 17, some Turkish mills have decreased their local scrap procurement prices by TRY 100-300/mt or $8-20/mt. Others have kept their quotations stable, with a $3/mt fall in their dollar-based prices. The declining tendency continues in the local Turkish scrap market but the price adjustments in question did not have an impact on the overall price range this week.

As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained stable at TRY 6,400-7,800/mt ($354-431/mt). The slight decline of $2-3/mt in dollar-based quotations was the result of the depreciation of the Turkish lira against the major currencies.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 17.08.2022

17.08.2022 

Çolakoğlu

 

 

 

 

DKP

7,580

419

0

-3

Ekstra

7,055

390

0

-3

Kroman

 

 

 

 

DKP

6,800

376

-300

-20

Ekstra

6,470

357

-280

-18

İsdemir

 

 

 

 

DKP

7,500

414

0

-3

Ekstra

7,495

414

0

-3

Asil Çelik

 

 

 

 

DKP

7,655

423

0

-3

Ekstra

6,900

381

0

-3

İDÇ

 

 

 

 

DKP

6,400

354

0

-3

Ekstra

6,380

352

0

-3

Erdemir

 

 

 

 

DKP

7,580

419

0

-3

Ekstra

7,575

419

0

-3

Diler Dış Tic.

 

 

 

 

DKP

6,850

378

-200

-14

Ekstra

6,750

373

-200

-14

Baştuğ

 

 

 

 

DKP

6,500

359

0

-3

Ekstra

4,800

265

0

-2

Sıddık

 

 

 

 

DKP

6,450

356

-100

-8

Ekstra

6,300

348

-200

-14

Ege Çelik

 

 

 

 

DKP

7,550

417

0

-3

Ekstra

6,500

359

0

-3

Mescier

 

 

 

 

DKP

6,500

359

-200

-14

Ekstra

6,300

348

-200

-14

Cansan

 

 

 

 

DKP

6,600

365

0

-3

Ekstra

5,300

293

0

-2

Kardemir

 

 

 

 

DKP

7,800

431

0

-3

Ekstra

7,565

418

0

-3

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 18.10


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