Turkish mills reduce their local scrap prices further

Tuesday, 02 February 2021 18:10:29 (GMT+3)   |   Istanbul
       

Turkish mills have announced further decreases in their domestic scrap purchase prices today, February 2, by TRY 50-270/mt, resulting in a $6-37/mt decrease on dollar basis. The dollar-based quotations of the other mills which decided to keep their lira-based prices stable have increased by $1/mt or remained stable.

Since yesterday, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved down from TRY 2,800-3,325/mt to TRY 2,770-3,275/mt, while the dollar-based quotations have moved up from the range of $390-463/mt to $386-457/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

01.02.2021

01.02.2021 

Çolakoğlu

 

 

 

 

DKP

3,125

436

-75

-10

Ekstra

2,890

403

-75

-10

Kroman

 

 

 

 

DKP

3,000

418

-75

-10

Ekstra

2,740

382

-75

-10

İsdemir

 

 

 

 

DKP

2,965

414

-75

-10

Ekstra

2,960

413

-75

-10

Asil Çelik

 

 

 

 

DKP

3,125

436

-75

-10

Ekstra

2,740

382

-75

-10

IDÇ

 

 

 

 

DKP

2,800

391

-60

-8

Ekstra

2,780

388

-60

-8

Erdemir

 

 

 

 

DKP

3,175

443

-75

-10

Ekstra

3,170

442

-75

-10

Koç Metalürji

 

 

 

 

DKP

2,800

391

0

1

Ekstra

2,500

349

0

0

Diler Dış Tic,

 

 

 

 

DKP

2,965

414

-75

-10

Ekstra

2,845

397

-75

-10

Baştuğ

 

 

 

 

Ekstra

2,550

356

-50

-6

Sıddık

 

 

 

 

DKP

2,770

386

-130

-18

Ekstra

2,710

378

-130

-18

Ege Çelik

 

 

 

 

DKP

2,840

396

-270

-37

Ekstra

2,710

378

-270

-37

Mescier

 

 

 

 

DKP

2,770

386

-100

-13

Ekstra

2,750

384

-100

-13

Cansan

 

 

 

 

Ekstra

2,350

328

-150

-20

Kardemir

 

 

 

 

DKP

3,275

457

-50

-6

Ekstra

3,090

431

-50

-6

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 7.17

 


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