Since SteelOrbis’ report published on Friday, August 5, some Turkish mills have increased their local scrap procurement prices by TRY 100-700/mt or $6-39/mt. Some mills have kept their prices stable, with their dollar-based quotations remaining stable. Turkish mills are still trying to compensate for the shortage of ex-EU scrap by buying short sea and local scrap, and have increased their prices to maintain the flow of scrap.
As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has decreased from TRY 5,800-7,400/mt ($323-412/mt) to TRY 6,200-7,550/mt ($345-421/mt).
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
05.08.2022 |
05.08.2022 |
|||
Çolakoğlu |
|
|
|
|
DKP |
7,380 |
411 |
250 |
14 |
Ekstra |
6,855 |
382 |
250 |
14 |
Kroman |
|
|
|
|
DKP |
7,050 |
393 |
250 |
14 |
Ekstra |
6,720 |
374 |
500 |
28 |
İsdemir |
|
|
|
|
DKP |
7,300 |
407 |
250 |
14 |
Ekstra |
7,295 |
406 |
250 |
14 |
Asil Çelik |
|
|
|
|
DKP |
7,455 |
415 |
250 |
14 |
Ekstra |
6,800 |
379 |
300 |
17 |
İDÇ |
|
|
|
|
DKP |
6,400 |
357 |
400 |
22 |
Ekstra |
6,380 |
355 |
400 |
22 |
Erdemir |
|
|
|
|
DKP |
7,380 |
411 |
250 |
14 |
Ekstra |
7,375 |
411 |
250 |
14 |
Diler Dış Tic. |
|
|
|
|
DKP |
6,250 |
348 |
0 |
0 |
Ekstra |
6,200 |
345 |
0 |
0 |
Baştuğ |
|
|
|
|
DKP |
6,200 |
345 |
400 |
22 |
Ekstra |
4,800 |
267 |
400 |
22 |
Sıddık |
|
|
|
|
DKP |
6,300 |
351 |
100 |
6 |
Ekstra |
6,250 |
348 |
0 |
0 |
Ege Çelik |
|
|
|
|
DKP |
7,550 |
421 |
450 |
25 |
Ekstra |
6,500 |
362 |
450 |
25 |
Mescier |
|
|
|
|
DKP |
6,200 |
345 |
0 |
0 |
Ekstra |
6,000 |
334 |
0 |
0 |
Cansan |
|
|
|
|
DKP |
6,500 |
362 |
700 |
39 |
Ekstra |
5,300 |
295 |
700 |
39 |
Kardemir |
|
|
|
|
DKP |
7,400 |
412 |
0 |
0 |
Ekstra |
7,165 |
399 |
0 |
0 |
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 17.95