Over the past two weeks, Turkish mills have mostly increased their local scrap procurement prices. The upward revision totaled TRY 100-1,000/mt or $7-45/mt. Following the Turkish Central Bank’s decision for interest rates, Turkish lira gained significant strength against the US dollar and this impacted the changes recorded in dollar-basis.
The general range in the local Turkish scrap market for the benchmark DKP grade scrap is currently in the range of TRY 9,000-10,350/mt ($340-391/mt), from TRY 8,800-9,755/mt ($325-361/mt).
|
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
|
11.08.2023 |
11.08.2023 |
|||
|
Çolakoğlu |
|
|
|
|
|
DKP |
10,155 |
384 |
550 |
29 |
|
Extra |
9,630 |
364 |
550 |
28 |
|
Kroman |
|
|
|
|
|
DKP |
9,250 |
349 |
150 |
13 |
|
Extra |
8,700 |
329 |
150 |
13 |
|
İsdemir |
|
|
|
|
|
DKP |
10,000 |
378 |
1,000 |
45 |
|
Extra |
9,950 |
376 |
1,000 |
45 |
|
Asil Çelik |
|
|
|
|
|
DKP |
10,255 |
387 |
500 |
27 |
|
Extra |
9,555 |
361 |
450 |
24 |
|
Erdemir |
|
|
|
|
|
DKP |
10,300 |
389 |
550 |
29 |
|
Extra |
10,295 |
389 |
550 |
29 |
|
Diler Dış Tic. |
|
|
|
|
|
DKP |
9,450 |
357 |
650 |
32 |
|
Extra |
9,100 |
344 |
650 |
31 |
|
Baştuğ |
|
|
|
|
|
DKP |
9,600 |
363 |
500 |
26 |
|
Extra |
4,550 |
172 |
100 |
7 |
|
Sıddık |
|
|
|
|
|
DKP |
9,450 |
357 |
650 |
32 |
|
Extra |
9,100 |
344 |
650 |
31 |
|
Mescier |
|
|
|
|
|
DKP |
9,000 |
340 |
0 |
7 |
|
Extra |
8,800 |
332 |
0 |
7 |
|
Cansan |
|
|
|
|
|
DKP |
9,700 |
366 |
800 |
37 |
|
Extra |
7,700 |
291 |
600 |
28 |
|
Kardemir |
|
|
|
|
|
DKP |
10,350 |
391 |
600 |
31 |
|
Extra |
10,115 |
382 |
600 |
30 |
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 26.47