Over the past week, some Turkish mills have increased their local scrap procurement prices by TRY 75-2,095/mt or $11-147/mt. The appreciation of the Turkish lira has contributed to the rises recorded in dollar-based prices. Meanwhile, some Turkish mills have just kept their quotations stable in the current week, resulting in a $5-6/mt increase in dollar-based prices.
With the price revisions done this week, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved from the TRY 7,575-9,705/mt to TRY 8,450-9,780/mt, while prices on US dollar basis have been revised from $511-654/mt to $575-666/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
25.03.2022 |
25.03.2022 |
|||
Çolakoğlu |
|
|
|
|
DKP |
9,705 |
661 |
0 |
6 |
Ekstra |
9,180 |
625 |
0 |
6 |
Kroman |
|
|
|
|
DKP |
8,450 |
575 |
0 |
5 |
Ekstra |
8,160 |
555 |
0 |
5 |
İsdemir |
|
|
|
|
DKP |
9,700 |
660 |
700 |
53 |
Ekstra |
9,695 |
660 |
700 |
53 |
Asil Çelik |
|
|
|
|
DKP |
9,670 |
658 |
2,095 |
147 |
Ekstra |
8,900 |
606 |
2,050 |
144 |
İDÇ |
|
|
|
|
DKP |
9,350 |
636 |
200 |
19 |
Ekstra |
9,330 |
635 |
200 |
19 |
Erdemir |
|
|
|
|
DKP |
9,780 |
666 |
75 |
11 |
Ekstra |
9,775 |
665 |
75 |
11 |
Diler Dış Tic. |
|
|
|
|
DKP |
8,900 |
606 |
0 |
6 |
Ekstra |
8,730 |
594 |
0 |
6 |
Baştuğ |
|
|
|
|
DKP |
8,850 |
602 |
650 |
50 |
Ekstra |
7,850 |
534 |
650 |
49 |
Sıddık |
|
|
|
|
DKP |
8,770 |
597 |
0 |
6 |
Ekstra |
8,600 |
585 |
0 |
6 |
Ege Çelik |
|
|
|
|
DKP |
9,790 |
666 |
100 |
13 |
Ekstra |
9,440 |
643 |
100 |
13 |
Mescier |
|
|
|
|
DKP |
8,900 |
606 |
0 |
6 |
Ekstra |
8,700 |
592 |
0 |
6 |
Cansan |
|
|
|
|
DKP |
9,300 |
633 |
500 |
40 |
Ekstra |
8,150 |
555 |
550 |
42 |
Kardemir |
|
|
|
|
DKP |
9,650 |
657 |
0 |
6 |
Ekstra |
9,515 |
648 |
0 |
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 14.69